InMobi, one of the world’s largest independent mobile ad network haslauncheda new mobile payment system for app developers called “SmartPay”.
Through this system, InMobi will be providing app developers a way to monetize their mobile content and virtual goods in their mobile apps.
How is it different from other payment solutions?
According to InMobi:
Kickstarting with operating billing, InMobi stated they will be offering credit cards, PayPal, local mobile wallets and all other forms of mobile payment methods by the end of this year.
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Naveen Tewari, CEO of InMobi said:
“Our mission is to connect businesses and developers to consumers around the world with innovative, best of breed mobile technology and services. InMobi SmartPay™ will help us with that journey and our evolution as a company to be a key technology enabler within the global mobile ecosystem, especially for the developer community.”
This service is currently in private beta and will be commercially available in Q3 2011 in India and 6 other countries including the US, UK, Germany, Indonesia, South Africa, and Malaysia with plans to launch it in 30 countries by the end of this year.
Story byVikas SN
Vikas SN is the Indian Editor at The Next Web and is based out of Bangalore, India. He is extremely interested in Indian startups and shiny(show all)Vikas SNis the Indian Editor at The Next Web and is based out of Bangalore, India. He is extremely interested in Indian startups andshiny gadgets. You can follow him onTwitter,Google+or contact him via email at vikas@thenextweb.com
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