Fortumo launches mobile payments in Armenia, Cambodia and New Zealand

Fortumo launches mobile payments in Armenia, Cambodia and New Zealand

One of the main reasons why merchants choose Fortumo as their carrier billing partner is our global reach: one integration with Fortumo enables payments with more than 350 mobile operators. Today we are excited to extend our coverage even further as mobile payments with Fortumo have become available to more than 15 million people living in Armenia, Cambodia and New Zealand.

Here are the key facts about the new markets:

Armenia
  • Population: 2.9 million
  • GDP per capita (IMF 2014): $7,374
  • Median age: 33.7
  • Fortumo coverage: 100%
  • Mobile phone penetration: 100%, 86% of new phones sold are smartphones
  • Debit & credit card penetration (World Bank, 2011): 8% / 5%
Cambodia
  • Population: 15.1 million
  • GDP per capita: $3,263
  • Median age: 24.1
  • Fortumo coverage: 48%
  • Mobile phone penetration: 92%, 26.1% of which are smartphones
  • Debit & credit card penetration: 5% / 3%
New Zealand
  • Population: 4.5 million
  • GDP per capita: $35,152
  • Median age: 37.6
  • Fortumo coverage: 100%
  • Mobile phone & smartphone penetration: 100%, 70% of which are smartphones
  • Debit & credit card penetration: 95% / 61%

Ready to start collecting payments from these three countries beside the 90 existing ones? Simply add Armenia, Cambodia and New Zealand to your payment services on the Fortumo Dashboard.