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Visa Inks $13 Million Deal With Monitise For Mobile Payments
Tricia Duryee

Friday, July 3, 2009 - 13:32

London-based Monitise, a mobile banking company, said it has signed a five-year deal with Visa worth $13 million.

As part of the deal, Visa will take a 14.4 percent stake in the company and have the option of taking a seat on its board, reports the WSJ. In addition to the contract, Visa will pay ongoing license, service and development fees. Release.
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http://www.washingtonpost.com/wp-dyn/content/article/2009/07/02/AR2009070202781.html
 
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