Apache Authors: Yeshim Deniz, Pat Romanski, Lacey Thoms, Sandi Mappic, Michael Bushong

News Feed Item

mopay Strengthens its Presence in Asia with Two New Offices

mopay, a leader in mobile payment solutions for online merchants, today announced its continued global expansion with two new representative offices in Asia. Located in Seoul, Korea and Jakarta, Indonesia, mopay’s expanded presence will support Asian online merchants to grow internationally. Since establishing its regional headquarter in Beijing in 2010, mopay has succeeded in building a well-trusted payment brand among Asian merchants, acquiring over 100 new clients in the region, including Tencent, Shanda Interactive and Changyou. Today, mopay is working with nine out of China’s top ten online game companies.

Asia has dominated the mobile payments market and now represents 40 percent of all mobile payment users worldwide, more than 2.5 times as many as North America, according to Gartner. Direct operator billing is especially popular with online gamers and ranks among the top three preferred payment methods for virtual good transactions in Asia/Pacific.

To expand internationally, Asian merchants are increasingly looking for a partner who understands the importance of a convenient, customized checkout process that can help achieve the highest possible conversion rates. mopay’s new offices are staffed with experienced payment professionals, providing the knowledge that enables online content providers to gain traction in the Americas, Europe and the Middle East.

Nora Qiao, Channel Department Manager at Koram Games, a webgame market leader in Asia with subsidiaries in China, Taiwan, Hong Kong, Japan, Korea and Malaysia and over 100 million users globally, expressed, “mopay’s in-depth experience as a carrier billing provider is unparalleled in the industry. We have a clear edge over our competition thanks to mopay’s sophisticated billing technology. mopay helped us tremendously in expanding our business overseas.”

“Asia’s online merchants maintain an impressive tradition of providing quality online content that attracts millions of users both locally and internationally,” said Kolja Reiss, mopay’s Managing Director in the US. “The recent opening of two new offices marks just another step in mopay’s ongoing expansion in Asia. mopay has future plans to open two more offices within the next twelve months to further solidify its carrier relations in Asia and provide additional client representatives in the region.”

About mopay:

mopay is a global leader in innovative payment solutions for online merchants. mopay’s core platform enables merchants of virtual, digital and physical goods to bill charges directly to consumers’ cell phone, land line and broadband accounts. mopay operates in more than 80 countries across the globe, reaching more than 4.3 billion consumers. The company’s customer base includes major brands such as Bigpoint, Wargaming, Innogames, Gameloft and Valve. Mopay has more than 100 employees at locations in the United States, Germany, Spain, the United Kingdom, China, Indonesia, Korea and Brazil. For more information, visit www.mopay.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.