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September 3, 2015updated 04 Apr 2017 4:01pm

DaoPay to acquire Boku’s pay by call payment business

DaoPay, an Austria-based provider of mobile phone payment solutions, has agreed to acquire the pay by call payment business of Boku, a US-based mobile payments startup, for an undisclosed sum.

By Verdict Staff

DaoPay, an Austria-based provider of mobile phone payment solutions, has agreed to acquire the pay by call payment business of Boku, a US-based mobile payments startup, for an undisclosed sum.

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The deal is expected to complete in the third quarter of 2015.

This acquisition is expected to expand DaoPay’s position in the pay by call sector and make it the largest processor for pay by call payments globally.

DaoPay CEO Peter Krapfl said: "With this strategic purchase we are able to strengthen our position and serve more clients than ever before."

DaoPay is a phone payment service that allows users to pay by phone in 54 countries around the world using mobile or landline phones. It is used for purchases of digital content such as virtual goods, in-game purchases, membership/subscription fees and other services.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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