SingTel and Boku Announce Direct Carrier Billing Partnership

  SingTel and Boku Announce Direct Carrier Billing Partnership

SingTel and Boku have signed an agreement to launch direct carrier billing in
                                  Singapore

Business Wire

SAN FRANCISCO -- December 19, 2013

SingTel (ASX:SGT), a leading telecommunications provider in Asia, and Boku,
Inc., the global leader in carrier billing and cross-platform mobile payments,
today announced a partnership to launch carrier billing in Singapore.

Merchants offering carrier billing-based mobile payments will generate
incremental revenue from consumers who find mobile the easiest way to pay, and
attract new consumers who previously were unable or unlikely to pay via other
payment options, such as credit and debit accounts. When making purchases from
their favorite merchants, consumers will benefit from a convenient and secure
payment experience that is accessible to SingTel postpaid subscribers. SingTel
plans to expand this payment mechanism to other regional carriers within their
group including Optus (Australia), Telkomsel (Indonesia), AIS (Thailand), and
Globe (Philippines).

SingTel’s feature-rich direct billing API supports the following features:

  *A more efficient user authentication process that delivers better
    conversion for merchants
  *More accurate and timely notification of billing errors giving consumers
    greater transparency
  *Continuous pricing enabling merchants to create a wide range of price
    points and free promotions
  *Recurring billing functionality that provides flexibility to merchants
    with subscription based services

“With SingTel, we are connecting to a leading global carrier that supports
advanced features such as multiple country connection, direct user
authorization, continuous pricing, and streamlined refund capabilities,” said
Kurt Davis, General Manager of Boku in Asia. “This partnership gives us the
ability to offer our merchant partners carrier billing functionality across
the entire Southeast Asia region. It will help them increase conversion rates
and grow revenue, all while simplifying the purchase process for consumers.”

SingTel postpaid subscribers can immediately begin paying with their mobile
account at participating merchants.

About Boku:

Boku, the leading carrier billing and cross-platform mobile payments company,
brings bank-grade payments technology and mobile users together, creating a
trusted, accessible platform for consumers, merchantsand carriers alike.
Based in San Francisco with offices in Europe, Latin America, and Asia, Boku
reaches nearly 4 billion consumers worldwide, across 68 different countries.
Leading Silicon Valley entrepreneurs and venture capitalists fund Boku
including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures
and Khosla Ventures.

For more information visit: www.boku.com

About SingTel Group:

SingTel is Asia's leading communications group providing a portfolio of
services including voice and data solutions over fixed, wireless and Internet
platforms as well as infocomm technology and pay TV. The Group has presence in
Asia and Africa with 462 million mobile customers in 26 countries, including
Bangladesh, India, Indonesia, Pakistan, the Philippines and Thailand. It also
has a vast network of offices throughout Asia Pacific, Europe and the United
States.

For more information about SingTel, please visit http://www.singtel.com

Useful Links:

Boku website: http://www.boku.com

Media Kit: http://www.boku.com/press

SingTel website: http://www.singtel.com

Contact:

For Boku, Inc. in the United States
David Speiser, 650-516-6635
david@drsmedia.com
or
For Boku, Inc. in Europe
Ben Camm-Jones, +44 (0)7515 877 621
ben@clarity.pr
 
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