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BOKU has two middle names: Accessibility and convenience
Our payment system is more convenient for your customer because there's no need to have a bank account or fill out detailed payment forms. Do you know who likes filling out forms? No one. Ever. BOKU's accessibility and convenience gives you a broader spectrum of consumers allowing you to sell more goods. And selling more goods is the ultimate goal. Well, that, and world peace.
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3 Billion Reasons To Love BOKU
BOKU is in more than 60 countries and works with more than 230 carrier partners. This makes BOKU widely available to more than 3 billion customers around the world. We speak your language in over 32 different languages, and we play nice with 44 different currencies. With more people in the world using mobile phones than credit cards, your customer base is about to get bigger.
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In the News
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BOKU’s biggest strength is its relationships with operators. In just two years, it has partnered with 230 operators across 66 countries. By inking deals with both online merchants and mobile operators it allows people to make purchases via their mobile phones that then appear on their mobile phone bills. BOKU has built an impressive network in a short space of time, but the vast majority of its payments are small amounts spent on purchases such as online games. The issue is how this evolves.
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This interview is part of the ‘Tech Talk in Silicon Valley’ series which will be published here over the next few weeks featuring some of the biggest and hottest digital businesses right now teaching us about how to succeed in the digital world. Founded in 2009 Boku has raised £23m to make your mobile phone a payment option when you are shopping online. Instead of entering your credit card number when you shop online, just enter your phone number, and the money is charged via your mobile phone bill. To give you an idea of just how hot this company is there was even a rumour that Apple was looking to acquire the company earlier this year. In this video Ron explains how globalisations creates opportunities for start-ups.
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Founded in 2008, the company creates software that helps online merchants process payments using a customer’s cell phone number in place of a credit card; it then takes a small cut of each transaction. Big customers include Facebook and Electronic Arts. Has raised $42 million in venture capital from Andreesen Horowitz, Khosla Ventures, and others. Founders Mark Britto, Ron Hirson, and Erich Ringewald have each sold companies they founded or lead.
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From the Blog
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BOKU BEER LAUNCH
Feb 1st, 2012
Not to be outdone by the Wine Club, Ace Ellett spearheaded the BOKU
Beer Launch.That’s right…BOKU beer is here! Our hero, the “BEER DELIVERY GUY” (easily recognized in the wild by the huge upper case orange lettering on a black jacket), arrived last week with a surprise for the team.
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Getting Direct About Mobile Payments
Jan 26th, 2012
Mobile payments is a phrase carriers, merchants, and consumers alike are hearing more each day.
From buzzy topics like NFC to daily news stories on the wallet-less future, it seems that everyone is preparing themselves for aGetting Direct About Mobile Payments future where a mobile phone will become a huge part of the consumer’s purchasing experience. -
BOKU Featured on Sky News
Dec 21st, 2011
BOKU was recently featured on Sky News, the 24-hour British and international satellite television news station. For non-Brits and those unfamiliar with the station, Sky News places emphasis on rolling news, including the latest breaking news. The piece features an interview with President of BOKU, Ron Hirson, and Chairman of First Tuesday UK, Christer Holloman, as part of a series called ‘Tech Talk in Silicon Valley.’
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BOKU BEER LAUNCH
Feb 1st, 2012
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BOKU For Customers
BOKU lets you use your mobile phone number to pay online. No long credit card forms needed here.
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BOKU For Carriers
Mobile operators have the customer relationships and billing platforms in place to enter the payments market and find huge new sources of incremental revenue.
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Come Meet Us
Let's meet. We could be telling you all this in person.
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