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7 carrier-billing firms that are witnessing growth in their customer bases and investments

Wouldn’t it be convenient if we could pay for merchandise using just our phone and our existing phone account? Well, there is hope. Giants such as Facebook, Google, Amazon and others are signing deals with carrier-billing players, and the carrier-billing players mentioned below are targeting convenience for the consumer.

Carrier billing is gaining momentum across markets, providing the most convenient form of mobile payments. As per Juniper research conducted in 2013, global revenue from carrier billing is expected to reach $13 billion by 2017. This form of billing is secure in nature, involving a two-factor authentication method. During actual transactions, the user simply enters his mobile number and receives a one-time password via text message to complete the authentication procedure.

With about half of Android apps using in-app billing, many developers and sellers of digital goods are looking into carrier billing as the optimum solution. Below we look at some companies that are maintaining the positive momentum around carrier billing.

Fortumo

The company has teamed up with around 300 operators and 92,000 developers globally, providing carri ...

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