Monitise Inks Deal With Banking Group

Series_Monitise
What's Next In Payments®
6:01 AM EST January 22nd, 2014

Monitise will provide a multi-language mobile point-of-sale (mPOS) to customers of OP-Pohjola Group, a banking group in Finland.

The service enables small businesses to conduct mobile transactions, create digital receipts and compile payments data for mobile traffic.

Available on both Android and iOS platform, the Monitise-powered service will be the first of its kind in Finland, the company said in a Jan. 22 press release.

“We recognise the power of mobile to be an incredibly valuable channel to provide convenient, secure and easily accessible services to make our customers’ lives easier. We look forward to working with Monitise to launch innovations in this area,” Kasimir Hirn, director of the cards and emerging payments business for OP-Pohjola Group, said in a statement.

Want to know more about what’s happening in the mPOS ecosystem? Download a copy of the most recent PYMNTS mPOS Tracker, sponsored by Roam, here.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

Topics:
Comments
Also by This Author
What's Hot
Alternative Financial Services
Ant Financial To IPO In 2016
Merchant Innovation
California Startup SimpleFi Hopes to Challenge Payday Lenders with Employee Targeting
Consumer Finance
Visa Europe to Spend EUR 200 Million on Digital Payment Technology
B2B Payments
Slyce Snatches Coupon App SnipSnap for $6.5 Million
View All Articles ››
You May Also Like
Company Spotlight
Taking On A Newer, Broader Payments Acquiring Space
Company Spotlight
MasterCard Removes Block On Cuba Transactions For U.S.-Issued Cards
Apple Pay Tracker
TSYS, Ingenico Enable EMV, NFC And Apple Pay For POS Solutions
Company Spotlight
MasterCard Talks Inclusive Growth At World Economic Forum
View All Articles ››