Mobile Payments Today: Fortumo adds new carrier billing option for one-day access

Fortumo this week launched what it calls hybrid subscriptions using carrier billing, according to a press release. Hybrid subscriptions enable merchants to provide access to content on a limited time basis in low-income markets, according to the announcement. Fortumo's new product is intended to complement its subscription payments solution (available in more than 20 countries globally) in regions where recurring billing has proven to be ineffective and where carriers have not enabled it.

Read more »