LONDON (ShareCast) - Bango, the AIM-listed mobile web payments and analytics company, has signed a global payments services agreement with Mozilla Corporation.

In an update issued on Monday, the company said that operators could select Bango to provide billing, collection and settlement for content purchased through Firefox Marketplace, an app-store built on HTML5 Web technology due to roll out in 2013.

Bango said that it had partnered with Telefónica to power payments across their Firefox OS launch territories in Europe and Latin America, taking advantage of the BlueVia billing platform which offered a single billing integration across Telefónica's multiple operating businesses.

The terms of this agreement were not being disclosed, the company said, and Bango’s statement added: "The board believes it is too early in the relationship to accurately forecast the level of business which it may generate."

Bango’s share price was up 4.33% to 205p at 12:59 on Monday.

MF

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