Facebook partners with mobile billing provider Bango
U.K. mobile billing and analytics provider Bango announced today it signed a deal “to provide payment services to Facebook.”
The arrangement could be part of an upcoming effort to monetize Facebook’s mobile platform. The social network has 425 million monthly active mobile users but so far does not generate “meaningful” revenue from this area, according to its filing for an initial public offering. Facebook might have tapped Bango to help it process payments for apps, virtual goods or other mobile transactions.
Bango
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