Two tech giants turn to Bango for DCB
Bango has announced that it has enabled Direct Carrier Billing (“DCB”) for Japanese Mobile Network Operator (“MNO”) SoftBank on Amazon.co.jp. The release contains no financial details as to the value for Bango and we make no changes to forecasts. Nevertheless, enabling DCB for SoftBank allows Bango to address 43m new subscriptions and with the group already supporting DCB in Amazon Japan for NTT DoCoMo and KDDI (#1 and #2 Japanese MNOs), gives access to over 90% of the Japanese market. Furthermore, we expect that gaining access to almost the entire Japanese mobile market via the leading e-commerce platform (Amazon) will generate increased levels of customer insight data, in addition to an anticipated uplift in payment volumes.