Telefónica partners with DOCOMO Digital to accelerate adoption of digital services through carrier billing
7 Sep 2019, Brasília
Telefónica, the leading telecommunications operator in Europe and Latin America with brands such as Vivo and Movistar, is developing direct carrier billing (DCB) in partnership with DOCOMO Digital, the world’s preeminent mobile commerce enabler, to accelerate the adoption of content and digital services among its subscribers in Latin America.
Direct carrier billing is an increasingly popular mode of payment for digital services in advanced and emerging markets alike, as it allows faster and frictionless transactions in App stores such as Apple iOS and Google Play while providing better transparency and control over purchases for subscribers. The service is especially gaining traction in emerging markets such as those in Latin America. According to the latest reports, nearly half of the entire Latin American population is unbanked, and only 113 million people in the region out of a total population of 625 million are reported to have credit cards. With over 174 million unique mobile subscribers across the region, direct carrier billing will allow millions of Telefónica customers to consume digital services securely with their mobile phones.
The state-of-the-art DOCOMO Digital platform would allow Telefónica’s operating businesses across Latin America to offer clients an easy way to pay for services from digital merchants and app stores. New regulation around the word will also make possible soon to use carrier billing in segments that have traditionally not used it before as a payment method such as public transportation services or ticketing providers.
Beyond the ease of direct carrier billing, the platform offers scale, end-to-end subscription lifecycle management, sophisticated fraud prevention, and advanced analytics suite. Subscribers will have complete control over transactions while merchants will be able to manage their entire portfolio of transactions with Telefónica’s customers. Movistar Chile has been the first country in Latin America to go live on this new payment platform with all new functionalities. In the short time will follow other countries where Telefónica operates.
“Telefónica is focused to give new opportunities to our customers to access to the best digital experience. All of this supported it by our open, simple, secure and transparent digital ecosystem. Our aim is to make easier for our customers to enjoy digital content while giving them more control over their transactions.”, said Fabio Bruggioni, Digital Platforms Director at Telefónica.
Telefónica and DOCOMO Digital are developing new capabilities for removing friction in commerce transactions for mobile subscribers. Both companies see an opportunity to expand the carrier billing like this new way of making digital payments.
“For DOCOMO Digital, our state-of-the-art platform is purpose-built to make integrations with app stores such as Apple Store and Google Play happen for our telco partners quickly and reliably. We have been working closely with Telefónica in Europe for a number of years and it is truly gratifying to see our partnership grow to another level now in the Latin America region.”, said Dheeraj Soni, President of DOCOMO Digital’s Payments business
About Telefónica
Telefónica is one of the largest telecommunications companies in the world by market capitalization and number of customers with a comprehensive offering and quality of connectivity that is delivered over world class fixed, mobile and broadband networks. As a growing company it prides itself on providing a differential experience based both on its corporate values and a public position that defends customer interests.
The company has a significant presence in 14 countries and over 346 million accesses around the world. Telefónica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.
Telefónica is a 100% listed company and its shares are traded on the Spanish Stock Market and on those in New York and Lima.
Rahul Mudgal
+65 978 17160
Rahul.mudgal@docomodigital.com
DOCOMO Digital partners with over 200 carriers and 300 merchants globally. DOCOMO Digital’s portfolio of innovative marketing solutions helps brands and telecom carriers unlock growth while enhancing the experience for their users. DOCOMO Digital’s portfolio of leading-edge payments services connects digital platforms, payment providers, telecom carriers to enable secure and seamless mobile commerce at scale, in compliance with all local and international regulations. DOCOMO Digital is headquartered in London, with teams based in over 25 cities around the world. DOCOMO Digital is a wholly-owned subsidiary of one of the world’s largest telecom companies - NTT DOCOMO, listed on the Tokyo Stock Exchange. For more information, visit www.docomodigital.com or find us on LinkedIn or Twitter.
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