Monitise, a technology and services company that delivers mobile banking (m-banking), payments, and commerce networks, and mobile payments (m-payments) provider eMerit Solutions have entered a partnership to develop new mobile payment opportunities for businesses.
The partnership comes as Monitise executes its strategy to help financial institutions defend and extend their role in payments at a time when cash is increasingly becoming digitised via the capabilities of m-banking, payments and commerce.
eMerit allows businesses a secure way to process card payments from their customers at the point-of-sale (POS). The technology enabler provides highly secure chip and PIN mobile acceptance solutions along with a wide range of additional services that are compliant with leading payments network guidelines, making it a compelling proposition for businesses of all sizes, particularly the smaller business market.
eMerit Solutions chief executive officer (CEO) Tim Corke said: “With mobile money innovation and business banking demand growing by the day, we are delighted to be working with Monitise. Our smartphone and tablet-based solutions help support businesses that need to take payments quickly and easily in store and on the go. This means that businesses of any size and type can enhance their cash flow and cut administration costs by processing payments instantly, securely and simply.”
Despite being behind the likes of Europe and China, the US payments industry is now rapidly advancing, said Anish Kapoor, CEO of AccessPay told GTNews in an exclusive interview.
Treasurers are more interested in cross-border payments and automation than real-time payments, as they are consistently asked to do more with less, argues Rick Burke, head of corporate payments at TD Bank in an exclusive interview.
#PSD2FinishLine recently started trending on Twitter. As the country slowly grows in excitement throughout the month of November, with the C-word on ... read more