wordpress blog stats
Connect with us

Hi, what are you looking for?

Fortumo launches in Pakistan with Telenor; offers up to 50% payout

Estonia-based operator payment provider Fortumo* has tied-up with Telenor Pakistan to launch its service in the country. The company claims that it will be able to reach 25% of the country’s mobile users with this deal. Telenor claims to have 35 million subscribers in Pakistan.

The company informed us that it is in talks with other operators in Pakistan and hopes to get them on board by the end of the year. It is also in talks operators in Bangladesh to launch the service there.

50% payout: Fortumo states that it will payout up to 50% of the earnings after deducting taxes and share of the mobile operator and Fortumo’s commission. The carrier billing service will be available for apps sold via Telenor App Store. Developers could also sign up for operator billing via Telenor App Store here.

fortumo_pakistan

Much like India, very few people have access to credit card in Pakistan, but there are over 130 million mobile phone users there. Of these, about 15% have smartphones according to Fortumo. This percentage is expected to increase by 50% this year.

Telenor is still rolling out 3G services in most Pakistani cities and this is expected to speed up the adoption of smartphones. It is worth noting that Fortumo had signed a global framework agreement with Telenor Group covering 12 countries in Europe and Asia.As announced in May 2013, Fortumo has signed global framework agreement with Telenor Group, covering 12 countries in Europe & Asia.

Advertisement. Scroll to continue reading.

Fortumo had launched service in India last year by tying up with four operators. Here, the company pays out 40-45% after operator’s cut, Fortumo’s commission and local taxes. It has since tied-up with services such as DittoTVBoxTV and Gaana. It is worth noting that these services can now start get paying customers from Pakistan using Fortumo’s operator billing.

Disclosure: Fortumo is currently an advertiser with MediaNama.

Written By

I'm passionate about technology and gaming. You can follow me <a>@chupchap</a>

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Looking at the definition of health data, it is difficult to verify whether health IDs are covered by the Bill.

News

The accession to the Convention brings many advantages, but it could complicate the Brazilian stance at the BRICS and UN levels.

News

In light of the state's emerging digital healthcare apparatus, how does Clause 12 alter the consent and purpose limitation model?

News

The collective implication of leaving out ‘proportionality’ from Clause 12 is to provide very wide discretionary powers to the state.

News

The latest draft is also problematic for companies or service providers that have nothing to with children's data.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ