An Interest In:
Web News this Week
- April 26, 2024
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
Some of Our Sources
- Simplebits
- Pearsonified
- Spoon Graphics
- Smashing Magazine
- Six Revisions
- Inspiredology
- Crazy Leaf Design
- My Ink Blog
- Line 25
- Design Modo
Help Webnuz
Referal links:
March 6, 2013 04:14 pm GMT
Visa believes that by 2020 more than half of all payments made in Europe will be done through mobile devices, so it is continuing to put more investment into how it will remain a central part of those transactions. In the latest development, mobile money specialist Monitise has announced an extended deal in which Visa Europe will license all of Monitise's technology in an agreement it says will bring in a minimum of 45 million ($59 million) in the next three years, "with greater revenues as certain user generated thresholds are achieved," a spokesperson says. Visa, a minority shareholder in the mobile company, is also taking a further investment in Monitise of about 15.6 million ($23.5 million), plus options for more investment.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ejm10mkvPL8/
Visa Inks $59M+ Deal To Extend Mobile Money Partnership With Monitise In Europe
Visa believes that by 2020 more than half of all payments made in Europe will be done through mobile devices, so it is continuing to put more investment into how it will remain a central part of those transactions. In the latest development, mobile money specialist Monitise has announced an extended deal in which Visa Europe will license all of Monitise's technology in an agreement it says will bring in a minimum of 45 million ($59 million) in the next three years, "with greater revenues as certain user generated thresholds are achieved," a spokesperson says. Visa, a minority shareholder in the mobile company, is also taking a further investment in Monitise of about 15.6 million ($23.5 million), plus options for more investment.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ejm10mkvPL8/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch