Monitise partners with MasterCard

Wednesday 26 March 2014 08:44 CET | News

MasterCard has unveiled plans that it will partner with UK-based mobile financial technology company Monitise to enable the deployment of mobile wallets and digital payment solutions by financial institutions around the world.

Under the terms of the agreement, the two companies together will focus on developing platforms for e-commerce and m-commerce.

MasterCard also intends to make a minority investment in Monitise.

In recent news, financial institution US Bancorp has partnered with Monitise to provide a mobile commerce platform dubbed Peri.

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Keywords: Monitise, MasterCard, mobile wallet, digital payment, payments platform
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

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