BOKU INC.


Associated tags: Boku, AIM, BOKU, Mobile, Inc., Online shopping, Netflix, Tencent, Microsoft, TrueMoney, DAZN, PayPal, BTS, LINE, Boku, Inc., Sony, Spotify, Love, Commercial, Ascend Group, Ant Group, Rabbit Card, Ant

Locations: SINGAPORE, THAILAND, ASIA, STUART, LESOTHO, MONTGOMERY, EUROPE, UNITED KINGDOM, ASIA PACIFIC, AUSTRALIA

Asia Pacific continues to lead the world in the adoption of local payment methods - new research from Boku reveals

Retrieved on: 
Wednesday, April 24, 2024

The report reveals the increasing preference for local payment methods and the continued decline in the market share of traditional card payments.

Key Points: 
  • The report reveals the increasing preference for local payment methods and the continued decline in the market share of traditional card payments.
  • Key findings for Asia Pacific:
    Asia Pacific continues to lead the world in the adoption of local payment methods.
  • By 2028, local payment methods within Asia Pacific will represent 69% of ecommerce transactions by value, from 64% in 2023.
  • Stuart Neal, CEO of Boku said, “Our research shows Asia Pacific continues to lead the world in the adoption of local payment methods.

Card payments no longer the default choice for consumers - new research from Boku reveals

Retrieved on: 
Wednesday, March 27, 2024

The report reveals a continued decline in the market share of traditional card payments and a significant increase in the use of local payment methods for ecommerce purchases across the globe.

Key Points: 
  • The report reveals a continued decline in the market share of traditional card payments and a significant increase in the use of local payment methods for ecommerce purchases across the globe.
  • The findings highlight significant and rapid consumer shifts in ecommerce payments away from the traditional card networks (and in emerging economies cash on delivery) towards local payment methods such as digital wallets.
  • Card values will decline to 19% of transaction value by 2028 (down from 31% in 2023).
  • While card payments will continue to account for a significant amount of payments - around a third of ecommerce payments by volume by 2028 - local payment methods are fast gaining traction, winning market share from card payments.

Boku Welcomes New CEO Stuart Neal After Momentous 2023

Retrieved on: 
Thursday, January 18, 2024

Neal takes the helm from Jon Prideaux, who announced his intention to retire in July 2023, and will remain on the Board as a Non-Executive Director.

Key Points: 
  • Neal takes the helm from Jon Prideaux, who announced his intention to retire in July 2023, and will remain on the Board as a Non-Executive Director.
  • Boku CEO Stuart Neal brings more than 20 years of payments, banking and innovation leadership experience to Boku, combined with a deep understanding of the Boku business.
  • Neal re-joined Boku as CEO Designate in July 2023 after Jon Prideaux announced his plans to retire.
  • “I am excited to return to Boku as CEO at such a dynamic and promising time for the payments industry,” commented Stuart Neal, CEO, Boku.

Boku extends its M1ST Payments Network into Thailand with TrueMoney & Rabbit LINE Pay

Retrieved on: 
Thursday, November 18, 2021

LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), provider of M1ST, the worlds largest mobile payments network has today announced the expansion of M1ST into Thailand, with the addition of Thailands two most popular mobile wallets, TrueMoney and Rabbit LINE Pay.

Key Points: 
  • LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), provider of M1ST, the worlds largest mobile payments network has today announced the expansion of M1ST into Thailand, with the addition of Thailands two most popular mobile wallets, TrueMoney and Rabbit LINE Pay.
  • TrueMoney and Rabbit LINE Pay join the M1ST Payments Network, which includes 330+ payment methods in 90 countries, reaching 5.7 billion payment accounts.
  • Were thrilled to add TrueMoney and Rabbit LINE Pay, opening up access to millions of new mobile-first consumers in Thailand for our merchants.
  • We are pleased to add Rabbit LINE Pay to Bokus M1ST Payments Network, joining LINE Pay in Japan.

Boku extends its M1ST Payments Network into Thailand with TrueMoney & Rabbit LINE Pay

Retrieved on: 
Thursday, November 18, 2021

LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), provider of M1ST, the worlds largest mobile payments network has today announced the expansion of M1ST into Thailand, with the addition of Thailands two most popular mobile wallets, TrueMoney and Rabbit LINE Pay.

Key Points: 
  • LONDON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), provider of M1ST, the worlds largest mobile payments network has today announced the expansion of M1ST into Thailand, with the addition of Thailands two most popular mobile wallets, TrueMoney and Rabbit LINE Pay.
  • TrueMoney and Rabbit LINE Pay join the M1ST Payments Network, which includes 330+ payment methods in 90 countries, reaching 5.7 billion payment accounts.
  • Were thrilled to add TrueMoney and Rabbit LINE Pay, opening up access to millions of new mobile-first consumers in Thailand for our merchants.
  • We are pleased to add Rabbit LINE Pay to Bokus M1ST Payments Network, joining LINE Pay in Japan.

Boku streamlines & secures online transactions in Germany

Retrieved on: 
Tuesday, September 14, 2021

Now, 120 million German mobile subscribers will have access to more seamless and secure digital account creation and transactions.

Key Points: 
  • Now, 120 million German mobile subscribers will have access to more seamless and secure digital account creation and transactions.
  • The launch in Germany increases Bokus global coverage for Verify and Authenticate to 20 countries.
  • Stuart Neal, General Manager for Identity, Boku, commented, "We are honored to partner with Deutsche Telekom, O2 and Vodafone to bring German businesses and consumers better, safer online experiences.
  • Today, consumers expect seamless and secure online experiences, and Boku along with our partners make this possible.

Boku launches M1ST, the world’s largest mobile payments network

Retrieved on: 
Wednesday, August 18, 2021

M1ST is the largest mobile payments network in the world, reaching 5.7 billion payment accounts in 90 countries through 330+ mobile payment methods

Key Points: 
  • M1ST is the largest mobile payments network in the world, reaching 5.7 billion payment accounts in 90 countries through 330+ mobile payment methods
    Through M1ST, merchants can quickly and securely accept mobile wallets, real-time payments and carrier billing through a single API integration
    LONDON, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Boku Inc. (AIM: BOKU ) today announced the launch of the M1ST (aka Mobile First), the worlds largest mobile payments network.
  • The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries - all through a single integration.
  • However, mobile payment acceptance for global merchants is highly complex, especially due to the extreme fragmentation of mobile payment methods.
  • Boku Inc. (AIM: BOKU) is the fintech powering the worlds largest mobile payments network, M1ST (Mobile First).

Study: More than half of the world’s population will use mobile wallets by 2025

Retrieved on: 
Thursday, July 8, 2021

Meanwhile, markets including Japan, Korea and Taiwan will continue to see accelerated adoption of mobile wallets with 98.4% market penetration by 2025.

Key Points: 
  • Meanwhile, markets including Japan, Korea and Taiwan will continue to see accelerated adoption of mobile wallets with 98.4% market penetration by 2025.
  • Africa & Middle East is the second biggest mobile wallet market The second biggest mobile wallet market is set to grow by 147% between 2020 2025.
  • The number of mobile wallets transacting over $1 billion per year is set to grow by 27% from 54 wallets in 2020 to 69 wallets by 2025.
  • However, not only are consumers using mobile wallets more, they are using more mobile wallets.

Boku completes first mobile operator integration to Google Standard Payments with Kcell

Retrieved on: 
Tuesday, May 25, 2021

LONDON, May 25, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), the world's leading provider of mobile payment and identity solutions, and Kcell, the largest mobile operator in Kazakhstan, have announced the launch of the first-ever mobile operator integration into the new Google Standard Payments platform, which enables a number of payment types on a global basis.

Key Points: 
  • LONDON, May 25, 2021 (GLOBE NEWSWIRE) -- Boku Inc., (AIM: BOKU ), the world's leading provider of mobile payment and identity solutions, and Kcell, the largest mobile operator in Kazakhstan, have announced the launch of the first-ever mobile operator integration into the new Google Standard Payments platform, which enables a number of payment types on a global basis.
  • With extensive experience integrating mobile operators into Google payments infrastructure, Boku ensures both that the integration is expedient, painless, and optimized for ongoing success.
  • Boku supports mobile operators on the Google Standard payments platform with marketing, customer support, and program optimization services, along with business intelligence and reporting capabilities.
  • Were thrilled to have completed the first mobile operator integration to the Google Standard Payments platform, said Mark Stannard, Chief Business Officer, Payments, Boku Inc.

Boku Partners with French carriers to launch mobile identity services in France

Retrieved on: 
Tuesday, April 20, 2021

The Phone Number Verification (Authentication) solution will verify mobile number possession directly on the device by using its built-in connectivity to the mobile operators\' wireless network.

Key Points: 
  • The Phone Number Verification (Authentication) solution will verify mobile number possession directly on the device by using its built-in connectivity to the mobile operators\' wireless network.
  • This partnership with Boku will make it possible to go further in the fight against fraud and the improvement of customer journeys on mobile devices.\xe2\x80\x9d\nJon Prideaux, Chief Executive Officer and Keith Butcher, Chief Financial Officer\nBoku Inc. (AIM: BOKU) is the world\xe2\x80\x99s leading provider of mobile payment and mobile identity solutions.
  • The Group has a total customer base of 259 million customers worldwide at 31 December 2020, including 214 million mobile customers and 22 million fixed broadband customers.
  • Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.