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December 5, 2014updated 04 Apr 2017 4:04pm

CardMobili forms strategic alliance with Bango

CardMobili, a provider of advanced digital wallet solutions, and Bango, a UK-based carrier billing technology provider, have entered into a strategic agreement to develop a series of innovative m-commerce solutions for Mobile Network operators (MNOs).

By Verdict Staff

CardMobili, a provider of advanced digital wallet solutions, and Bango, a UK-based carrier billing technology provider, have entered into a strategic agreement to develop a series of innovative m-commerce solutions for Mobile Network operators (MNOs).

The two companies will work together to bring carrier-billing to the retail environment and unite the digital app world with physical shopping.

Integrating Bango’s payment technology with CardMobili’s digital wallet platform will enable MNOs to leverage their large subscriber base and existing billing relationship to open up a new revenue stream creating a new business ecosystem.

The Bango-CardMobili solution will allow MNOs to connect brands and merchants with consumers via its own branded multi-merchant app.

Helena Leite, CEO of CardMobili, said: "Bango’s carrier-billing expertise is a perfect match to our mobile loyalty and strong retail track record.

"By combining our individual strengths, we are looking to build a mutually beneficial business ecosystem that gives merchants important new customer acquisition and targeting tools, combined with carefully customized loyalty-based services for consumers."

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