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Monitise, Telefonica enter mobile money partnership

Monday 1 July 2013 09:01 CET | News

UK-based mobile financial technology company Monitise has become the preferred mobile money technology partner for Telefonica Digital, the global business division of telecommunication services provider Telefonica, to develop and manage new and existing mobile payment and commerce services for its customers.

Under the terms of the agreement, Monitise will complement existing technology partners, taking a lead role in the development of a global technology platform to support payment and mobile commerce services. The initial focus of the partnership will be in the UK.

In recent news, UK-based financial institution Lloyds Banking Group has partnered with Monitise to develop a suite of mobile card acceptance solutions for micro-merchants, start-ups and small business owners.


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Keywords: Monitise, Telefonica, mobile money, UK
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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