OP-Pohjola Group comprises around 200 member cooperative banks, OP-Pohjola Group Central Cooperative and its subsidiaries and closely-related companies.
The service to be launched by OP-Pohjola Group and Monitise is set to enable the bank’s small business and merchant customers to take card payments and view recent transactions via mobile. OP-Pohjola Group merchant customers are also set to be able to generate digital tax credit receipts to reclaim up to half of the value of qualifying invoices as part of a government-backed scheme in Finland.
The service is set to be available initially across iOS and Android platforms and in Finnish, Swedish and English languages.
In recent news, Monitise has set up a five-year mobile money partnership with a UK bank and financial services company, and has extended its commercial contract with a financial institution.
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