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Visa Alliance with Monitise to Advance Global Deployment of Mobile Payments and Related Services

by swmerchant 30. June 2009 10:33

San Francisco, June 30, 2009

Visa Inc. (NYSE:V), the world's largest retail electronic payments network¹, today announced that it has entered into a strategic alliance with Monitise plc (LSE: MONI.L) to facilitate the delivery of Visa mobile payments and related services to consumers around the world. Concurrent with the strategic alliance, Visa has agreed to make a minority equity investment in Monitise, subject to Monitise shareholder approval. Monitise is a recognized expert in mobile financial services that operates payments and mobile banking services for some of world's leading financial institutions.Read More

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