Bango PLC (LON:BGO) shares jumped on Tuesday as the group inked a carrier billing deal with Hong Kong virtual network operator Sun Mobile.
The deal will allow Sun Mobile customers to purchase apps and other content through the Google Play store, charging the cost to their mobile phone bill.
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"The decision to launch this payment service underlines the importance of mobile commerce not just at times of restricted movement but also as countries start to emerge from the [coronavirus] crisis", said Bango chief executive Paul Larbey in a statement.
"Sun Mobile customers can now choose from the extensive content and services available through the Google Play store and charge the cost to their mobile phone bill in one click. As a Bango partner Sun Mobile will have access to a range of other leading services from Amazon, Spotify and other major merchants. We're pleased to welcome Sun Mobile to the Bango circle and further expand Bango's operations in Asia", he added.
Bango’s shares jumped 7.1% higher to 117.8p in lunchtime trading.