As part of the deal, Mondia Pay will connect Deezer to operator subscribers as well as payment collection through its next-generation payment platform.
Music streaming service Deezer has entered into a strategic partnership with private mobile technology company Mondia for the rollout of direct carrier billing services across Saudi Arabia, Egypt and the UAE.
The agreement will allow Mondia customers to subscribe to Deezer’s streaming service through the DCB platform without the use of debit or credit cards.
Mondia Pay connects to more than 50 operators, across 33 countries, reaching over 1bn potential customers. Mondia Pay processes over 13bn transactions per annum, growing at an average of 13% per month.
Commenting on the partnership, Simon Rahmann, CEO Mondia Pay, said: “This partnership is evident of Mondia Pay’s reach to be able to fulfil payment solutions and enable real digital experiences with global brands such as Deezer. This next-generation platform provides a highly scalable, and secure payment gateway that both customers and service providers can trust. The ease of integration for service providers such as Deezer positions Mondia Pay as an obvious partner of choice.”
Tarek Mounir, CEO of Deezer MENAT, added: “One of the main challenges we have to figure out in the region is how to deal with low levels of credit card penetration. The partnership with Mondia Pay lets us offer music fans an easy, secure and safe payment solution. In the end, it’s about trust. When music fans trust that their payments and money are safe, they can focus on enjoying the music they love, which is what we want.”