More payment methods

Fortumo

Enabling Seamless Mobile Payments Through Carrier Billing Worldwide

Established in Estonia in 2007, Fortumo specializes in mobile payment and carrier billing solutions, helping digital content providers like app and game developers monetize users easily. By allowing purchases to be charged directly to mobile phone bills, Fortumo removes the need for traditional banking methods, making digital transactions more accessible across global markets.

Fortumo

Country

Founded in Estonia, used in globally

Population(Estonia)

1.28 million (estimated)

Number of Internet users

1.22 million

Popular payment methods

Credit/Debit Cards, E-Wallets, Bank Transfers, Carrier Billing (like Fortumo)

Distribution by payment method (%)

Type: Carrier Billing Total Customers: >300,000
Currency: Multi-currency Money transfer volume: 1>5 billion USD (estimated)
Coverage: Approx. 5% of the global online population (2022) Refunds: Varies depending on the carrier and region
Chargebacks: Varies depending on the carrier and region

About payment system

Fortumo has emerged as a leading force in the carrier billing space, offering a way for users without traditional banking access to engage in the digital economy. Through a straightforward integration, digital service providers can tap into Fortumo’s extensive network of telecom partners, covering a wide range of countries and connecting with billions of mobile users. A major strength of Fortumo’s model is its ease of use. Consumers can complete purchases in just a few steps, with charges either added to their monthly mobile bill or deducted from a prepaid balance. This frictionless process helps increase conversion rates, particularly in areas where credit card usage is limited. Fortumo provides tailored solutions for a variety of industries, including app stores, streaming platforms, digital content, and gaming. With tools for real-time analytics, fraud control, and adaptable pricing, businesses can enhance their earnings while maintaining secure transactions. Security is integral to Fortumo’s operations. The platform collaborates closely with mobile operators and implements advanced anti-fraud technologies to ensure a reliable and protected payment experience for both consumers and merchants. As mobile-first solutions become increasingly dominant, Fortumo’s focus on inclusivity, safety, and broad international access positions it as a key player in the evolving landscape of digital payments.

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