Mobile Money Ventures and CPNI Inc. say they will be working together to offer financial institutions a comprehensive solution that integrates CPNI’s mobile commerce solutions into MMV’s mobile financial services platform.
According to a
news release issued by the two companies, the relationship combines
CPNI’s PATsend remote mobile payment technology into MMV’s next
generation mobile platform, with the opportunity to integrate PATbuy’s
mobile purchases in the next phase.
MMV’s current offering enables
consumers to handle banking, bill payments, stock trades, tracking and
budgeting on any mobile handset or wireless carrier. By incorporating
PATsend, and in the subsequent stage PATbuy, into its existing
platform, MMV will be able to provide turnkey solutions for financial
institutions and increase the speed at which their customers can
quickly begin making convenient remote mobile purchases and payments
down the road.
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