MoneyPass teams up with Monitise for mobile card services

Friday 16 January 2015 00:06 CET | News

Mobile financial technology company Monitise, has partnered with the MoneyPass Network to provide a range of mobile money services and card control functionalities to card issuers in the US.

Monitise will be delivering a range of functionalities to MoneyPass Mobile users, including core mobile banking services such as balance checks and transfers, as well as other services such as mobile check deposit and cardholder-managed security controls.

The MoneyPass Network is operated by Elan Financial Services, a division of US Bank and a provider of ATM and debit card processing solutions for financial institutions and Independent Sales Organizations (ISOs).

Monitise is a global provider of banking, paying and buying with a mobile device. Banks, payments companies, retailers and mobile networks utilise Monitise’s technology platforms and services to connect people with their money.

In November 2014, Monitise received GBP 49.2 million investment from Telefonica, Santander and MasterCard.

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Keywords: MoneyPass, network, Monitise, mobile, card, services, mobile money, US, mobile banking, mobile financial
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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