Mobile payment specialist Bango unveils Facebook as latest partner

Further to its deal with online retail giant Amazon, mobile billing specialist Bango has revealed it's also set to partner with social network Facebook.

Intimate details of the deal are still under wraps, however, due to what Bango has claimed are "commercial sensitivities and the early nature of the relationship".

Shhh...

The fact a deal was in motion was initially announced on 1 February, though Facebook's name was kept out of the picture.

Only now has Bango officially lifted the lid on the partnership.

Unsurprisingly, shares in the firm rose significantly after the revelation, up by 42p to 140.5p.

The deal follows the previously mentioned agreement with Amazon to allow the retailer to deploy its billing technology, as well as partnerships with BlackBerry maker RIM and Opera.

[sources: FE Investigate/Business Weekly]