Press Releases2014Mar 03, 2014
Ditto TV introduces new payment model
Partners with Fortumo to offer payment options through mobile operators« Back
Ditto TV, India's first OTT (Over-The-Top) TV distribution platform from Zee New Media, the digital arm of Zee Entertainment Enterprises Limited (ZEEL) has partnered with mobile payment provider Fortumo to introduce a new mobile payment option to further simplify the overall consumer experience. With this partnership, Ditto TV users can now subscribe to their favourite content on Ditto TV and make payments directly through their mobile operator, and without the need of a credit card, cash on delivery (COD), or net banking options. This payment model is available for both post- paid and pre- paid mobile users.
Speaking about this partnership, Manoj Padmanabhan, Business Head, DittoTV said, “We at Ditto TV are committed to making the user experience as seamless, convenient and memorable as possible. With the association with Fortumo, we are now a few steps closer to ensuring that our users have the ease and simplicity they need to make payments using their mobile phones. Fortumo, with its multiple telecom operator tie-ups, will help us reach out to complex markets, where credit cards or net banking options are limited, and build our presence across key markets beyond the metros.”
"Compared to mobile phone users, there are very few credit card owners in emerging markets like India and South-East Asia. This creates a situation where a lot of people want access to mobile entertainment, but have no way to pay for it. Operator billing solves this problem by allowing companies like Ditto TV to charge users on their phone bill. In addition to significantly expanding payment coverage for merchants, Fortumo also reduces the time to market as only one integration to enable payments in 80 countries globally," said Gerri Kodres, SVP of Business Development and Carrier Relations at Fortumo.
Interestingly, India has witnessed stronger adoption for smartphones with a market penetration of close to 100 million, as compared to 20 million for credit cards. Furthermore, credit card penetration remains largely confined to metros, comprising a mere 1.7% of the country's overall population. Another challenge is the inherent resistance observed among credit card users, in sharing critical account-related information, along with the tedious sign-up processes involved. Allowing payments through mobile operators effectively mitigates the need for credit card information and will help Ditto TV reach out to a huge potential user base across smaller markets which have limited access to credit cards. Fortumo currently operates in about 80 countries across the world and has tie ups with most major Indian telecom operators – Idea Cellular, Vodafone, Airtel and Tata Docomo.
Ditto TV has integrated this seamless process for mobile payment across all subscription packages, including VOD and MOD content. All a customer needs to do is to select the content to view and confirm the payment on the mobile phone charging the amount to their mobile operator. Fortumo will process the payment request with the concerned telecom operator and once the verification is generated, the user can avail the content. The payment is later charged to the customer mobile bill or deducted from his pre- paid account balance, as the case may be.
Today, Ditto TV offers the largest collection of premium content through 70 LIVE TV channels spread across leading genres like GEC, Sports, Lifestyle, Regional and News along with rich on-demand video capabilities. Ditto TV can be downloaded from www.dittotv.com