Mobile financial services solutions firm, Utiba, has inked a deal with mobile payments solutions provider, Spindle (view press release). Through the deal, Spindle aims to provide low cost mobile acceptance technology and services to complement Utiba's payments solutions. Spindle will also integrate its mobile marketing capabilities within Utiba's mobile financial services offering, in an effort to enhance the consumer-to-merchant experience.

The integration means that Utiba’s customers will be able to expand their payment eco-systems while enriching user experience by launching multi-dimensional merchant and consumer led programmes, which could increase transaction revenues.

"This arrangement will give Utiba's customers the ability to conduct open-loop transactions in numerous countries. The partnership provides Utiba with access to loyalty, coupons, and other offers that are integrated into the Spindle platform," said Bill Clark, president of Spindle.