mopay Provides Direct Carrier Billing to Brazilian Payment Network

Feb. 9, 2012

Direct carrier billing technology provider mopay, has entered a strategic partnership with paymentez, an alternative payments network based in Brazil. mopay said it will add its direct carrier billing method for single and recurring online payments to paymentez’ existing payment methods, including an in-app solution for the Android platform. After implementation with the network, mopay said it will be available as an in-game payment method in more than 30 of the most popular online and social games in Latin America. “With more than four-million registered users, paymentez is the leading Latin American payments network. As a trusted provider of alternative payment solutions, the company needed a partner that could help expand its offerings with a mobile payments option and mopay was the clear choice,” said Kolja Reiss, managing director of mopay Inc. “Latin America ranks among the fastest growing online gaming markets worldwide. While global ecommerce will grow by more than 90 percent by 2014, expectations for Latin American e commerce is twice this size. The virtual goods market in Latin America is expected to reach $624 million by then, creating the perfect conditions for this partnership to thrive.”