Visa Europe has announced two new mobile-related money management and payment services today: Visa Mobile Person-to-Person payments and Visa Alerts.
Both will be available to the organisation’s 4,000 member banks.
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Visa Inc announced yesterday that it's acquiring Fundamo, a South African company that provides mobile financial services platforms for network operators and financial institutions.
In addition, Visa announced a new, five-year commercial agreement with UK-based mobile money service Monitise plc.
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The Mobile Money Network, which was founded by Charles Dunstone, Monitise plc and Best Buy Europe last year, says it'll reveal details of its first service tomorrow.
New non-executive Chairman Sir Stuart Rose is set to announce Simply Tap, a service that'll allow consumers using any mobile phone on any network to buy anything from retailers signed up to the platform.
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Visa Europe and Monitise plc have signed an agreement to develop and supply mobile payments services for banks and other financial institutions across Europe.
Monitise will work as an ‘advanced development engine’ for Visa Europe, enabling it to provide member banks with a market-ready mobile payments service in Europe.
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This week’s edition of The Fonecast includes an interview with Leslie Ferry, Vice President of Marketing at BroadSoft, about the company’s plans and its move into mobile.
And, as usual, the podcast team takes its regular look at the biggest news stories affecting the UK mobile industry.
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