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Monitise Unveils Global Mobile Money Technology Platform

Tags » Mobile Banking, Mobile Payments, Monitise  » Comments (0)

MonitiseMobileMoney_logo_140px.pngMonitise has announced its enhanced technology platform which "incorporates a range of mobile banking and payment services to deliver fast, secure financial management by mobile phone across the world. The platform enables financial institutions, mobile phone networks, service providers, payment companies and processors to offer a wide variety of Mobile Money services in both developed and emerging markets."

The platform offers the following products:

* Monitise Mobile Wallet
- setting up a virtual wallet on a mobile handset to enable mobile payments and commerce for people without bank accounts, and managing the associated agent networks

* Monitise Mobile Payments and Shopping
- enabling customers of retailers, transport companies and other service providers to choose and buy products and services using their mobile.

* Monitise Mobile Stock Trading
- providing people with a full range of secure trading services for shares, currencies etc

* Monitise Mobile Account Manager
- allowing people to activate their credit, debit and prepaid cards using their mobile, and to receive service notifications.

* Monitise Mobile Banking
- providing mobile money management services such as balance-on-demand and account alerts to customers of banks and card issuers, and
- enabling people to make payments, account-to-account or mobile-to-mobile,
- And providing a personalised service range including loyalty, offers and authentication.

Monitise Globe enables clients and partners to offer services by text, mobile app, mobile browser and USSD, operating on over 2700 different types of handset. It is also already compatible with the next generation of ‘wave and pay’ payments from the handset. Monitise’s integrated technology platform ensures that people only have to sign-up once to get access to this wide range of products, and that each Monitise partner can develop tailor made mobile money products to meet their particular needs.

Monitise launched its first live products in 2006 and now delivers over 120 million transactions a year to millions of users worldwide.

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