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Fortumo to provide in-app purchasing power to TreSensa
Friday May 30,2014 : GAMING NETWORK SIGNS UP FOR MOBILE PAYMENT PROCESSING
Fortumo to provide in-app purchasing power to TreSensa‘s development and distribution platform.
A deal between game developer and publishing platform TreSensa and mobile payments processor Fortumo reached this week means that independent HTML5 developers who publish their apps through TreSensa can use an efficient payment processing system to earn mobile revenues.
Fortumo's in-app payment services will have particular appeal for developers, because additional integration is not necessary - the service is carried across the TreSensa platform, allowing developers to take advantage of the growing mobile web games market.
“In-app purchasing has become the industry standard business model for mobile games,” said Robert Grossberg, chief executive at TreSensa. “In partnership with Fortumo, we are now making this payment solution available to HTML5 developers as well.
“Mobile web games have tremendous growth opportunities ahead and developers can now easily take advantage of this.”
Rain Rannu, CEO of Fortumo, claimed there are over 4 billion people in the world who do not have or use credit cards, but are capable of making purchases online using carrier billing.
“Carrier billing outperforms credit cards in terms of conversion, especially on mobile devices,” he said.
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PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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