MasterCard And Monitise Form Digital-Payment Partnership

MasterCard and Monitise plan to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide through a partnership announced March 24.

MasterCard and Monitise plan to accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide through a partnership announced March 24.

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    The combination of MasterCard and Monitise’s complementary expertise in developing mobile platforms for commerce and banking is anticipated to result in additional innovative and secure solutions, the companies noted in a statement.

    “Our partnership with Monitise builds upon a shared commitment to improve the mobile-shopping experience today and into the future,” Ed McLaughlin MasterCard chief emerging payments officer, said in a press release.

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