We’re pleased to announce that Bango has won the ‘Mobile Payments Innovator of the Year’ award at the prestigious Global Carrier Billing Awards 2023. These awards celebrate the most outstanding developments and innovations driving carrier billing success.
This accolade is for Bango’s innovative Digital Vending MachineTM (DVM) which enables telcos to Super Bundle an array of leading subscription services for their consumers. This centralized hub makes it quick and easy for consumers to access and manage their subscriptions, paying via their monthly phone bill.
The Bango Digital Vending Machine empowers telcos to not only attract new customers through an intuitive subscriptions platform, but also simplifies the payment processes for subscription services. The DVM eases the administrative headache of managing multiple subscriptions from different sources by consolidating them into one place. As a result, the Bango Digital Vending Machine mitigates churn and drives increased revenue, resulting in a higher Average Revenue Per User (ARPU). In a competitive market, Bango offers telcos a unique value proposition with Super Bundling.
For consumers, the ability to access a diverse array of subscription services within a unified interface, coupled with the ease of managing payments through telcos via DCB, is the perfect subscriptions experience. As a trusted billing method, DCB facilitates a seamless experience, in turn fostering loyalty, heightened engagement, and sustained retention rates.
“As the content landscape evolves and an increasing number of services shift to subscription models, consumers seek greater control over access, management, and payment options. We are thrilled to receive recognition for empowering telcos to provide their consumers with an exceptional subscription experience through the Digital Vending Machine.”Anil Malhotra, Co-Founder and CMO at Bango
“Bango is a leader in enabling telcos to roll out Super Bundling offerings. Telco super bundles can offer much greater choice than that offered by tech giants’ walled-garden bundles, such as Amazon Prime and Apple one – not only because services can come from any number of different providers but also span any number of service types. In that respect, telcos are the best suited for pick-and-mix Super Bundling.”Guillermo Escofet, principal analyst, Consumer Platforms, Omdia