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Boku Mobile Payments solves several business problems across various industries by providing real-time verification and authentication of …
Overview
What is Boku Mobile Payments?
Boku offers a mobile payment technology platform that is linked to more than 177 mobile network operators worldwide and executes payments to simplify daily mobile interactions between consumers and digital organizations.
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What is Boku Mobile Payments?
Boku offers a mobile payment technology platform that is linked to more than 177 mobile network operators worldwide and executes payments to simplify daily mobile interactions between consumers and digital organizations.
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Product Details
- About
- Tech Details
What is Boku Mobile Payments?
Boku's mobile payment technology platform is linked to more than 177 mobile network operators worldwide, executes payments, and provisions new services, to simplify daily mobile interactions between consumers and digital organizations.
Boku's M1ST Payments Network brings credit-card like standardization to hundreds of the most popular payment types in the world. Boku’s standardizes payment types with a single, global standard to guarantee consistent user experience and technical deployment. It enables users to:
And Boku's Trident is a subscription bundling platform for streaming service providers: VOD, music and cloud gaming. The solution helps to accelerate the time to launch bundling partnerships and the customer growth they generate.
Boku's M1ST Payments Network brings credit-card like standardization to hundreds of the most popular payment types in the world. Boku’s standardizes payment types with a single, global standard to guarantee consistent user experience and technical deployment. It enables users to:
- Accept all relevant mobile payment types without the headaches that typically come with them
- Standardization ensures technical parity across payment types & decreases time to market
- Trusted by the biggest brands in digital commerce, Boku has 10+ years experience delivering mobile payments to global merchants
- The entire network is available through a single connection, with available reverse integrations
And Boku's Trident is a subscription bundling platform for streaming service providers: VOD, music and cloud gaming. The solution helps to accelerate the time to launch bundling partnerships and the customer growth they generate.
Boku Mobile Payments Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Boku Mobile Payments solves several business problems across various industries by providing real-time verification and authentication of customer data. This tool delivers a smooth onboarding experience to end-users while mitigating fraud, ensuring digital goods and services are charged safely. Many users have found Boku Mobile Payments to be an incredibly cost-effective option as it offers real-time verification and helps add an extra layer of authentication to tasks that had no validation processes previously.
Boku's Mobile Identity unit verifies consumer data using its database of mobile network operator identity connections, ultimately solving the problem of fraudulent access. This solution results in increased consumer confidence in payments, bolstering the security of contact center authentication through secure communication and protecting existing mobile communications. Additionally, businesses can support onboarding for new checking and savings accounts, aiding in fraud investigations and identifying crime rings. Boku Mobile Payments is highly beneficial for US-based data feeds, assisting ID checks on applications through semi-real near-time validation of account ownership information. Overall, Boku Mobile Payments' robust verification and authentication system provides users with a peace of mind when conducting online transactions or authenticating communications.
Easy to Use: Users have found Boku Mobile Payments to be very easy to use, operate and understand. This has saved time for the users and made the platform fast and efficient.
Cost-Effective: Reviewers appreciated that Boku Mobile Payments is cost-effective while offering all necessary features and maintaining security. Some users have noted that it provides a good value for money.
Real-time Verification: Several reviewers praised Boku's Mobile Identity unit which verifies customer data in real-time, using its database of mobile network operator identity connections. This helps business customers verify client data in real-time by providing a smooth onboarding experience for end-users, while also mitigating fraud.
Slow growth: Some users have expressed that the software needs to grow and add more data points at a faster pace.
Market uncertainties: Several reviewers have mentioned that investing in the software can be challenging due to market uncertainties, which may make it difficult for some businesses or individuals to justify the expense.
Diminished mobile carrier data: According to multiple reviews, the effectiveness of the software has decreased over time as mobile carrier data has diminished.