SAN FRANCISCO (Yosefardi) – The mobile payments company Fortumo launches mobile operator billing in Indonesia, the fourth largest country in the world by population.
205 million phone owners using Telkomsel, XL Axiata, Indosat and Axis networks can now charge purchases for digital content to their mobile operator bill.
Indonesia has three times more mobile phone owners than credit card owners and mobile operator billing is already more popular than credit card billing for online payments.
The Indonesian digital goods market is estimated to reach 244 million USD in 2013 while less than 10% of payments are made with credit cards. Indonesia has an estimated 57 million smartphone owners, a number which has doubled since last year.