News Articles

Sunday, February 6, 2011

Visa Europe and Monitise sign mobile payment agreement

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. Initially this will include the development of Visa Europe’s mobile platform for mobile contactless payments, mobile alerts and person-to-person payments  together with account management, loyalty applications and mobile e-commerce.

Peter Ayliffe, Visa Europe Chief Executive, said “We’ve created an inter-bank processing service without equal in Europe. This agreement now places us in an undisputed position to deliver mobile services with incredible scale and processing efficiency in the mobile arena, enabling Visa Europe's member banks to offer mobile payment services direct to their customers – consumers and retailers.”

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 5871

Tags: europe banking payments monitise visa

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«November 2024»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement