Thursday, June 13, 2024

    NET DIGITAL’s MBE signs framework agreement as platform operator for DCB with 1&1

    Mobile business engine (MBE) – a wholly owned subsidiary of NET DIGITAL – has concluded a far-reaching framework agreement with 1&1 Mobilfunk, a company of 1&1, to provide Direct Carrier Billing (DCB).

    Through the agreement, 1&1 will enable its approximately 12 million mobile customers to conveniently pay for digital products and services via their mobile phone bill in the future.

    As a financial services provider regulated by the German Federal Financial Supervisory Authority (BaFin) with more than 10 years of market experience, MBE offers payment functions in all German mobile networks. As an aggregator, MBE enables a steadily growing number of merchants to access mobile customers. For the new 1&1 mobile network, MBE has developed its own carrier grade platform for the first time and acts as its operator. The subsidiary of net digital AG is thus expanding its portfolio and is able to further deepen its value-adding activities.

    In addition to premium text messaging and premium voice services, 1&1 mobile customers will in future be able to have additional services billed via their mobile phone bill using the MBE platform. These include paid downloads from app stores, access to games and video portals, local transport tickets, event and concert tickets, newspaper articles behind paywalls or media subscriptions. This service portfolio is to be expanded in the future to include further innovative services.

    For the operation of the platform and the associated services, MBE receives a fixed monthly remuneration as well as variable shares – based on the transactions made. At the same time, MBE benefits from a growing range of merchants, which the company is driving forward as an aggregator on behalf of 1&1.

    Theodor Niehues, CEO of net digital AG comments: “We are very pleased about the comprehensive partnership with 1&1. For us, this has a high strategic relevance for the further development of our company and underlines our competence and excellent market position.”

    Michael Martin, CEO of 1&1 Mobilfunk adds: “With MBE and net digital, we have experienced partners at our side through whom we will offer our mobile customers secure, simple and broad access to attractive pay services in our innovative Open RAN mobile network from the very beginning.”

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