Cocodp Partners with Bigo Live to Enhance U.S. Payment Experience

In a significant development for the interactive entertainment sector, Cocodp has announced a strategic partnership with Bigo Live, establishing itself as the first third-party top-up provider for Bigo Live in the United States. This move aims to bolster Bigo Live's expansion into North America, providing users with seamless and localized payment options that enhance the overall user experience.

Through this collaboration, U.S. users of Bigo Live will benefit from faster and more convenient transaction processes, facilitated by Cocodp's advanced API technology. The new top-up service can process transactions in real time, ensuring users can easily top up their accounts without facing the typical delays associated with traditional payment methods. To ensure safety and reliability, Cocodp employs advanced security measures and comprehensive risk control protocols, allowing users to top-up with full confidence.

Parman, Cocodp’s Director of Operations, expressed pride in the partnership, stating, “We are honored to be Bigo Live’s first U.S. launch partner. The Americas currently account for 35% of our global business, and our goal is to assist entertainment companies like Bigo in expanding into new markets and increasing their revenue by 15% to 30%.” This partnership is not only pivotal for Cocodp’s growth strategy but also showcases its commitment to providing top-notch payment solutions tailored for the interactive entertainment market.

Cocodp's success is rooted in its comprehensive service capabilities and the operational data that informs its strategies. By leveraging the robust global payment technology of its parent company, Telomere, Cocodp offers support for over 150 local payment methods. Some of these methods include Brazil’s PIX and the Philippines' GCash, catering to a diverse user base across more than 180 countries. Furthermore, Cocodp holds essential local payment licenses in various regions, including Southeast Asia and Latin America, further solidifying its ability to operate effectively in diverse markets.

Currently, Cocodp processes transactions exceeding $5 million each month, with expectations for Bigo Live alone to contribute upwards of $1.4 million monthly. In addition to Bigo Live, Cocodp has established partnerships with notable gaming companies such as Moonton, Giant Network, and 7Road, further illustrating its leadership in the payment integration sector.

Cocodp is actively inviting developers, publishers, and platforms worldwide to explore potential partnership opportunities. Through collaboration, companies can engage in API integration, create redemption code programs, and undertake joint marketing initiatives designed to broaden their reach and accelerate user adoption. Parties interested in collaborating are encouraged to visit Cocodp's website or directly reach out to its business development team.

At its core, Cocodp stands as a global leader in interactive entertainment top-ups, integrating local payment channels with tailored marketing services to assist gaming and entertainment companies in expanding into new markets and enhancing their revenue streams. As the company continues to forge strategic partnerships and enhance its service offerings, it remains well-positioned to redefine the payment landscape within the interactive entertainment industry.

Topics Entertainment & Media)

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