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InMobi launches first global mobile payments solution
By siliconindia
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Thursday, 12 May 2011, 00:21 IST
New Delhi: InMobi, one of the world's largest independent mobile ad network announced the launch of 'InMobi SmartPay'; a performance based global mobile payments solution. The launch of InMobi SmartPay is the first global offering of its kind in the mobile advertising market.
InMobi SmartPay will enable app developers, game companies, and content providers in the U.S. with $200 Billion mobile content and virtual goods space to expand their business and monetize their users easily into new markets by providing one-time, no-cost, single point integration across multiple countries.
The solution offers consumers, direct carrier billing to start, by expanding to all forms of mobile payment methods including credit cards, PayPal, and local mobile wallets by the end of the year.
The new solution already offered services to over one Billion consumers in several countries including U.S., UK, Germany, India and many others.
CEO of InMobi, Naveen Tewari comments "Our mission is to connect businesses and developers to consumers around the world with innovative, best of breed mobile technology and services. It will help us with that journey and our evolution as a company to be a key technology enabler within the global mobile ecosystem, especially for the developer community."
InMobi SmartPay is already active with numerous clients globally and is moving into private beta over the next 60 to 90 days before opening up the service to the entire market in Q3, 2011.
