Monitise teams up with Telefónica Digital for mobile payments

Partnering monitise

Monitise has signed a partnership with Telefónica Digital to develop new mobile payment solutions for the Spanish telecoms giant’s customers. The deal comes less than a week after Monitise inked a similar deal with UK bank Lloyds. Telefónica counts 316m subscribers across 24 countries, operating as O2, Movistar and Vivo.

The new deal will initially be focussed on the UK and allow Telefónica Digital’s customers to use Monitise’s ‘Bank Anywhere’, ‘Pay Anyone’ and ‘Buy Anything’ products. Monitise allows small- and medium-sized businesses to accept mobile card transactions by offering its white-label system to banks and mobile operators and claims to have attracted some 20m worldwide users. 

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