Businessweek

Monitise plc, a technology and services company, provides mobile banking, payments, and commerce solutions worldwide. Its solutions enable financial institutions and other service providers to offer various services to their customers. The company offers products for delivering mobile money services, which include mobile money lifecycle management; mobile money channels, such as basic phones, smartphones, tablets, and others through various user interfaces; admin and reporting service management functions; and bank grade security for mobile money services, as well as technology-agnostic integration for connectivity to any system and facilitating interconnectivity. It also provides commerce and payment products that enable clients to offer a range of mcommerce and mpayment services to their end consumers, which comprises account-to-account payment and support services; payments using social identifiers, such as mobile number and email ID; capturing products using image recognition, QR, and product codes in a mobile optimised basket, as well as checkout using stored payment details; contactless payment transactions using NFC technologies and payment applets; mobile commerce; delivery and redemption of merchant offers and self-service management for loyalty programs ; and business and corporate accounts support. In addition, Monitise plc offers information and account products that include a range of mbanking services, such as account balance, transaction history, transfers, statements and alerts, self-service account management, and stored value accounts, as well as location-related information and integration of location mapping service. Further, it provides implementation, design and development, adoption, support, and managed services. Monitise plc was founded in 2003 and is based in London, the United Kingdom.