The Next Mob: Fortumo Brings Mobile Payments to Indian Game Developers Octro

Mobile payment company Fortumo has partnered with India’s largest mobile gaming company Octro to power in-app purchases for their most popular game, Teen Patti, on Windows Phone. Fortumo’s mobile payments system uses carrier billing to enable mobile payments for consumers who don’t have credit cards. They have focused on emerging markets, where smartphone use is increasing exponentially, but credit card use remains low, leaving consumers with little way of paying for in-app purchases through traditional means.

Read more »