5th Nov 2013 11:23
LONDON (Alliance News) - Shares in Bango PLC jumped 24% Tuesday after it said that it believed its outlook for the coming year was very positive, and that it expects to benefit from the continuing roll out of its online payment service with Google Play.
Shares in Bango were trading up 21.24% at 157.00 pence Tuesday morning.
Bango provides online payment services for websites, allowing 'one click payments', used by clients including Amazon, Facebook, Firefox Marketplace and Google Play. The company is currently rolling out the integration of its payment services with Google Play, the marketplace for mobile applications and other media for Android powered smart phones.
Following the successful integration of Google Play with Bango's services by two mobile wireless providers in Canada, the company expects to integrate at least five further operators with Google Play in the coming months, Bango said.
"With a stable and strong technology platform and great business partners Bango enters 2014 with a really strong pipeline of opportunities and the team to deliver on that opportunity," said Chief Executive Officer Ray Anderson.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright © 2013 Alliance News Limited. All Rights Reserved.
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