Welcome!

Login Register
< > Smartphones - the divorce lawyer's ... Samsung cancels MWC 2012 press ...

Visa and Monitise extend US mobile banking services

Tim Green
Visa and Monitise extend US mobile banking services

Improving issuer processing platform to give partners a 'one stop shop' through which to offer mobile tools.

The platform, caked Visa DPS, will let Visa's US clients create a mobile channel without making significant investments in hardware, software or mobile expertise.

As a result, account holders will be able to monitor account history and balances, transfer funds between accounts, and receive near-real-time transaction alerts on their mobiles.

It's the sort of stuff Visa (and Monitise, in which it owns a stake) has been doing for years for its own customers.

Additional services in development include mobile check deposit, mobile (NFC) payments, mobile offers, and support for V.me by Visa, Visa's digital wallet.

"Mobile money innovation is transforming how consumers manage accounts, providing them with real-time account access and information on the go, while also enhancing the overall experience with their account," said Lisa Stanton, general manager for Monitise North America.

Article continues below

Advertisement

"The launch of mobile services offered by Visa DPS is a great win for financial institutions in North America eager to utilise the mobile channel to serve their customers," she said.

Tags: visa , mobile banking , monitise , mobile money

Add a new comment

You need to be logged in to post comments. If you do not have an account then please register.

Comments

0 comments

There are no comments yet, be the first to add one!