SAN JOSE, CA--(Marketwire - February 18, 2011) - BilltoMobile™, the leading provider of mobile payments for web purchases, today announced a Direct Mobile Billing Gateway Service Provider agreement with Sprint (
"On the heels of our Sprint Mobile Wallet launch, we are pleased to work with BilltoMobile™ to present an additional payment option that will allow Sprint subscribers to conveniently and safely complete purchases on the Web," said Kevin McGinnis, vice president of Sprint Product Platforms. "Our agreement with BilltoMobile represents another step forward in our efforts to provide our customers with the most innovative services and applications on the market."
"Partnering with Sprint represents a major milestone for BilltoMobile, as it expands our reach to a vast majority of wireless subscribers in the U.S.," said Denise Archer, vice president of carrier partnerships, BilltoMobile. "BilltoMobile is the only mobile payments gateway that can offer online digital goods and services merchants the technology infrastructure and broad consumer reach necessary to provide customers with a viable mobile payment option."
The agreement with Sprint extends BilltoMobile's overall reach to more than 240 million wireless subscribers in the U.S. across multiple carriers. These customers will now have instant access to BilltoMobile's exclusive Direct Mobile Billing platform, which offers a simple, secure payment option that requires no registration, no set up, no application or downloads and no association with other financial instruments such as credit or bank cards. Purchases are completed in seconds using a two-step authentication process, and customers don't have to expose any sensitive account information while using the service.
Through BilltoMobile, merchants and authorized resellers receive significantly lower carrier-inclusive processing fees, and a more robust approach to mobile payment processing. BilltoMobile's Direct Mobile Billing platform involves real-time direct connections with the carrier's billing system, advanced carrier-direct authentication systems and a direct real-time connection between the BilltoMobile service and the carrier's customer care systems.
For more information on BilltoMobile's carrier relationships, or to learn more about the BilltoMobile Direct Mobile Billing platform, please visit https://www.billtomobile.com/.
About BilltoMobile™
BilltoMobile is the premier provider of mobile payments for e-commerce purchases in the U.S., and the only company that is authorized to operate its mobile payments platform on all of the top three U.S. carriers. In 2010, BilltoMobile began offering mobile payments on behalf of Verizon Wireless and AT&T via its proprietary Direct Mobile Billing (DMB) service -- a convenient, secure financial-grade payment service that dramatically improves upon long-standing mobile carrier and merchant issues. With direct merchants and resellers moving to adopt the company's "mobile payments 2.0" approach, and the recently signed agreement to additionally operate Sprint's mobile payments gateway, BilltoMobile is emerging as the North American leader in mobile payments for direct-to-carrier billing. BilltoMobile enables mobile payments for digital goods and services on web browsers. The service is currently available to approximately 190 million U.S. consumers, and with the addition of Sprint, BilltoMobile service will be available to over 240 million subscribers and ~85% of U.S. mobile subscribers. BilltoMobile is a privately-held U.S. company headquartered in San Jose, California. Its strategic investor and majority shareholder, Danal Co., Ltd (Seoul, South Korea), pioneered DMB technology, and has integrated DMB with14 mobile carriers in Korea, Taiwan and China. Danal leads the e-commerce mobile payment segment globally, having processed an unmatched $4 billion in e-commerce mobile payments with its 10,000+ online merchant partners since the company launched with its first mobile carrier partner in Korea in 2000. For more information about our service and leadership team, or to contact BilltoMobile about becoming a BilltoMobile merchant, please visit BilltoMobile.com.
Contact Information:
Press Contact for BilltoMobile:
Jason Wonacott/Lindsey Latham
Wonacott Communications, LLC
(310) 477-2871
btm@wonacottpr.com