Iain Gilbert Sharecast News
13 Nov, 2024 10:43 13 Nov, 2024 10:43

Boku inks new agreement with Amazon Japan

dl boku inc aim industrials industrial goods and services industrial support services transaction processing services logo 20230321
BokuSharecast graphic / Josh White

Boku, Inc (DI) Reg S Cat 3/144A

190.00p

16:55 13/11/24
1.33%
2.50p

Mobile payments firm Boku revealed on Wednesday that it has struck a new commercial agreement to supply digital wallet and other local payment methods to Amazon Japan.

FTSE AIM 100

3,519.60

08:45 14/11/24
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FTSE AIM All-Share

728.99

08:45 14/11/24
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Support Services

10,966.03

08:45 14/11/24
-1.02%
-112.46

Boku stated its new agreement with Amazon JP enabled the processing of payments through the amazon.co.jp website.

The AIM-listed group also highlighted that revenue from the new agreement will be based on the transaction value that it processes.

Chief executive Stuart Neal said: "This new agreement with Amazon JP is a testament to Boku's goal to provide innovative and secure mobile payment solutions to global merchants.

"We are excited to partner with Amazon JP and expand our presence in the Japanese market, which is one of the leaders in mobile wallet adoption."

As of 1040 GMT, Boku shares were up 1.33% at 190.0p.

Reporting by Iain Gilbert at Sharecast.com

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