Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
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Visa Europe raises its stake in UK mobile payment outfit Monetise and inks 45 million euro deal

Visa Europe raises its stake in UK mobile payment outfit Monetise and inks 45 million euro deal | Payments 2.0 | Scoop.it
UK mobile payment outfit Monitise has provisionally entered a new three-year agreement with Visa Europe guaranteeing a minimum of £45 in revenues over the course of the term.
Therese Torris's insight:

Error in the article the deal is worth 45 million euros, not pounds

Direct link to Monetise's press release

http://www.monitise.com/investor_relations/

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India is driving innovation in mobile payments: Bill Gajda, Visa's Global ... - Economic Times

"India is going to be the Visa's flagship market for mobile payments service, said Visa's Global Mobile Product head Bill Gajda.... Movida [is a]  mobile payment ... joint venture with Monetise, a technology company for mobile payments service... [Visa] bought Fundamo ... a software provider with a licence in mobile payment technology to mobile operators and banks. ... operators and banks ... set up their closed loop mobile payment systems that usually use a phone number as a stored value account on a very basic handset."

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