Monitise, a provider of mobile banking, payments and commerce service, is collaborating with eMerit Solutions, a provider of mobile payments to develop m-payment opportunities for businesses (view press release). eMerit develops Chip&PIN mobile payment acceptance solutions which are utilised by mobile network operators, banks and acquirers.

"With mobile money innovation and business banking demand growing by the day, we are delighted to be working with Monitise,” said eMerit Solutions' CEO, Tim Corke. “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 cashflow and cut administration costs by processing payments instantly, securely and simply."