KreditFly, a VC-funded m-payments company, has
announced the launch of its one-touch Android in-app payment
service allowing gamers to purchase in-app items without
registering.
The payment service requires no
pre-registration or data input from users at the time of purchase,
allowing for faster transactions for first-time users of the app by
granting short-term credit. Users can make repeat purchases once
registered by entering a password to make a payment or to deduct
cash from your KreditFly account.
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“There is a big void in the Android market for
a frictionless, in-app billing solution that can seamlessly convert
paying users at low fees that make sense for developers and
publishers,” said Paul Kim, founder and CEO of KreditFly.
Users are charged fees of 15% on purchases, up
to half of what other in-app services charge, and there is no risk
to developers or publishers as the payment is guaranteed by
KreditFly.
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By GlobalData
