Bango PLC (LON:BGO) said it has formed a strategic partnership with TPAY MOBILE, a digital payments platform for the Middle East, Africa and Turkey, to increase access to digital commerce and accelerate its entry into new markets.
The AIM-listed firm said the collaboration with TPAY will allow its merchant partners to “more quickly” gain access to around 1.5bn people thanks to TPAY’s “massive footprint of carrier billing and wallet providers” which are now available through Bango’s platform.
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The company also said that merchants integrated to either Bango or TPAY will be able to use the Bango Audience product in marketing programs to accelerate revenue growth from their products and services by attracting new customers through payment behaviour targeting.
"This partnership significantly increases the value of the digital commerce ecosystem for customers of both Bango and TPAY MOBILE. It accelerates Bango towards a key goal, to put people at the centre of commerce by enabling financial inclusion for everyone", Bango chief executive Paul Larbey said in a statement.