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May 3, 2012 07:00 pm GMT
Fresh off a $35 million round of funding, mobile payments company Boku is announcing a direct carrier agreement with Sprint that will allow Sprint customers charge online purchases to their Sprint wireless bill through a two-step authorization process. The agreement was made possible via a partnership with mobile payments operator BillToMobile.As you may remember, Boku offers an online payments platform that allowed users to pay for online goods by charging the transaction to their mobile phone bill. When a user wants to purchase a virtual item, he can enter his cell phone number on a site, the site sends a text message to the phone, the user confirms the transaction with a short reply, and all the charges show up on his phone bill.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DMpTvgxZgSE/
Mobile Payments Startup Boku Launches Billing Partnership With Sprint
Fresh off a $35 million round of funding, mobile payments company Boku is announcing a direct carrier agreement with Sprint that will allow Sprint customers charge online purchases to their Sprint wireless bill through a two-step authorization process. The agreement was made possible via a partnership with mobile payments operator BillToMobile.As you may remember, Boku offers an online payments platform that allowed users to pay for online goods by charging the transaction to their mobile phone bill. When a user wants to purchase a virtual item, he can enter his cell phone number on a site, the site sends a text message to the phone, the user confirms the transaction with a short reply, and all the charges show up on his phone bill.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DMpTvgxZgSE/
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