Online video streaming application HOOQ hs partnered with Fortumo for direct carrier billing in India. Customers can now subscribe to HOOQ by charging payments to their mobile phone bill. The subscription charge is either deducted from the prepaid balance or added to the user’s monthly postpaid invoice. Fortumo had also signed a similar deal with Sony LIV earlier in December 2015. The company says that the payment method is available to 584 million subscribers of Airtel, Vodafone and Idea in India on both prepaid and postpaid plans. HOOQ is a start-up joint venture established in January 2015 by Singtel, Sony Pictures Television and Warner Bros. The video streaming service also says that it has 15,000 Hollywood and regional titles. HOOQ also signed a multi-year deal with Sun TV and would carry Sun TV’s library that includes a mix of films in Tamil, Telugu, Malayalam and Kannada. HOOQ also added over 1,000 Shemaroo video titles on its platform in August 2015. More VOD players should look at carrier billing Netflix had said that it is looking at local payment methods such as prepaid cards and gift cards. Currently, subscriptions for Netflix can be paid only via an international debit card or credit card. Paying for content has been a problem in India as it is unclear whether companies like Netflix, movies and music on Google Play, iTunes may be violating the Reserve Bank of India’s guidelines for card-not-present transactions in India (there’s a counter argument that the company may not be in violation … yet). Carrier billing still is a…
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This should facilitate quicker settlement of funds for merchants and also boost user confidence in digital payments, RBI Governor said.
While Chandrasekhar said the advisory doesn't include startups, the advisory itself does not make any such classification based on platform sizes.
Europe fines Apple €1.8 billion in Spotify antitrust probe, orders it to remove anti-steering provisions
The case dates back to 2019 when Spotify filed a complaint against Apple's anti-steering rules which prevented apps like Spotify from informing their users...
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Views: Response to NPCI CEO’s comments that what is not written in regulations is a no-go for fintech entities
NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...
Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...
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Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
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