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Banking CIO Outlook | Friday, October 16, 2020
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Play2Pay is a global payment platform that allows mobile phone users to pay their service provider bills by playing games, watching videos, and completing special offers on their devices.
FREMONT, CA: Play2Pay, a global payments platform formerly known as Adfone, announces a new way to pay bills by gamifying payments. The platform enables mobile phone users to pay their service provider bills by playing games, watching videos, and completing special offers on their devices. Play2Pay now has a reach of 45 million mobile phone users exclusively under contract with service providers, with negotiations currently taking place for a further 300 million mobile users worldwide. Based in Fort Lauderdale, Florida, the company has operations in the United States, United Kingdom, Mexico, and Singapore.
Play2Pay's timely expansion into the alternative payments space combines gamification and mobile monetization to facilitate bill payments. Mobile phone users opt-in to discover new apps and brands playing games resulting in a fun and rewarding alternative for making payments.
"Play2Pay's platform was initially created to address a need for telecom providers and advertisers. However, as we evolved we learned that we have been operating and scaling a lucrative alternative payments platform that has a much broader reach and applicability in the marketplace, including service providers such as utility, cable and internet," said Brian Boroff, Founder, and CEO of Play2Pay, formerly known as Adfone.
Play2Pay's platform is a fully configurable white label engine, preloaded by service providers, and available via Google Play Store. Consumers discover new apps and brands, earning points the more they engage, and converting time spent into making payments. Brands enjoy the platform's direct connection to customers via mobile and in apps, while service providers enjoy new revenue streams while increasing customer engagement and creating a competitive advantage.
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