Cashlog, Buongiorno’s mobile payments solution based on carrier billing system, today announced the company surpassed 1 million in m-payment transactions in a single month.
Successfully launched in Italy in May 2011 and rolled out in Spain, Germany and France, Cashlog in less than 9 months has been growing steadily acquiring almost 20 European digital merchants, and has been chosen by over 55,000 customers that used it to buy digital goods.
Merchants adopting Cashlog as an alternative payment method for their digital offering saw an increase in their transactions up to 5 times.
Leveraging on Buongiorno’s direct connections with almost 130 telco operators Cashlog makes the entire payment process seamless and enables the easiest possible integration; merchants can be up and running to accept m-payments in just a couple of days.
“The reach of one million transactions in one month is a first important goal for Cashlog. We have been working hard in the past 9 months to offer a flawless m-payment experience” comments Guido Mangiagalli Head of Cashlog, "We acknowledge that the mobile payment market is growing at fast pace and cus-tomers are increasingl...