|[January 23, 2013]
BOKU Announces Mobile Payments Partnership with U.S. Cellular
SAN FRANCISCO --(Business Wire)--
BOKU, Inc., the global leader in online mobile payments, today announced
a partnership with U.S. Cellular (News - Alert) (NYSE: USM) to maximize the adoption of
direct-to-bill mobile operator billing as a payment option. BOKU is one
of the first payments providers to integrate and launch with U.S.
Cellular to provide mobile payments for the carrier's postpaid customers
across 26 states.
Online merchants will generate incremental revenue from consumers who
find mobile the easiest way to pay online, and attract new consumers who
previously were unable or chose not to pay via other payment options,
such as credit and debit accounts. When making purchases from their
favorite online merchants, consumers will benefit from a convenient and
secure payment experience that is accessible to all U.S. Cellular
subscribers. Consumers simply enter their phone number to checkout, and
respond via text message to confirm the payment with the charges
appearing on their wireless bill.
The U.S. Cellular advanced direct billing API supports the following:
An efficient user authentication process that delivers better
conversion for merchants
Accurate and timely notification of billing errors impacting purchase
(e.g. insufficiet funds), giving consumers great transparency
Continuous pricing, enabling merchants to create a wide range of price
An interface that seamlessly and cost effectively processes refunds
within the U.S. Cellular billing system
Kevin Grant, Senior Vice President of Sales at BOKU commented that:
"With U.S. Cellular we are connecting to a powerful direct billing API
that supports advanced features that benefit our merchant partners. U.S.
Cellular is a top tier partner for BOKU and together we're able to
deliver a top of the line experience by merging our technologies and
U.S. Cellular postpaid subscribers can immediately begin paying online
with their mobile account at participating online merchants.
About U.S. Cellular:
U.S. Cellular rewards its customers with unmatched benefits and
industry-leading innovations designed to elevate the customer
experience. The Chicago-based carrier has a strong line-up of
cutting-edge devices that are all backed by its high-speed nationwide
network that has the highest call quality of any national carrier.
Currently, 58 percent of customers have access to 4G LTE (News - Alert) speeds and 87
percent will have access by the end of 2013. U.S. Cellular was named a
J.D. Power and Associates Customer Service Champion in 2012 for the
second year in a row. To learn more about U.S. Cellular, visit one of
its retail stores or uscellular.com. To get the latest news, promos and
videos, connect with U.S. Cellular on Facebook.com/uscellular,
Twitter (News - Alert).com/uscellular and YouTube.com/uscellularcorp.
BOKU, the leading online mobile payments company, brings bank-grade
payments technology and mobile users together, creating a trusted,
accessible platform for consumers, merchants and carriers alike. Based
in San Francisco with offices in Europe and Asia, BOKU reaches nearly 4
billion consumers worldwide, across 68 different countries. Leading
Silicon Valley entrepreneurs and venture capitalists fund BOKU including
Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures,
Khosla Ventures, and NEA.
For more information visit: www.boku.com
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