Swarmio Media Holdings Inc. announced that is has launched a new payment solution, Eco VoicePay. The Eco VoicePay solution will allow gamers from anywhere in the world to dial a phone number and pay for in-game items using long distance credits provided by their mobile carrier. They will then receive Ember points vouchers via SMS, which they can redeem in the Ember online store to pay for in-game digital items and accessories including skins, upgrades, value packs and subscriptions.

Eco VoicePay is being launched initially in Sri Lanka and North Africa, before it is rolled out to additional regions. The launch of Eco VoicePay is an important catalyst in Swarmio's overarching strategic growth plan. As previously disclosed, Swarmio generates revenue from payment processing and transaction fees on purchases made inside the Ember platform's online store (the "Ember Store").

With Eco VoicePay, Gamers don't need to have a credit card, bank account or digital wallet to purchase items from the Ember store. Nearly two thirds of the world's 3 billion gamers live in countries where credit card penetration is low and the majority of citizens do not have access to traditional bank accounts. Additionally, gamers do not need to be paying Ember subscribers to use Eco VoicePay - this simple dial-and-pay option will be available to "freemium" users as well.

In this way, Eco VoicePay facilitates faster expansion and global uptake of the Ember platform regionally and globally. With Eco VoicePay, Swarmio also doesn't need to wait for payment processors, telco direct carrier billing (DCB) or digital wallet integrations to collect payment on transactions made in Ember, facilitating faster revenue growth for the Company.