Monitise Extends Leadership in Mobile Money Marketplace With Tripling in Payments and Transfers and Registered Global Users Over

Monitise Extends Leadership in Mobile Money Marketplace With Tripling in 
Payments and Transfers and Registered Global Users Over Past Year 
Monitise Showcases Latest Mobile Money Insights With Visa at MWC in
Barcelona 
SAN RAFAEL, CA -- (Marketwire) -- 02/25/13 --  Monitise plc (LSE:
MONI), the leading technology and services company delivering mobile
banking, payments and commerce networks worldwide, is speaking at
Mobile World Congress (MWC) 2013 in Barcelona, having tripled the
value of payments and transfers over its technology platform, live
transactions and registered users in the last year, reaching an
all-time high for the company in each category.  
The value of payments and transfers initiated via the Monitise
Enterprise Platform is now more than $31bn on an annualized basis,
compared with $10bn a year ago. The global Mobile Money business is
handling 2bn transactions on an annualized basis, compared with
0.48bn in February 2012, underpinned by registered customers climbing
to 20m from 6m in January 2012. North America is a significant market
for Monitise with 10m direct registered end users.  
Commenting on the uplift in payments and transfers managed by the
Monitise Enterprise Platform and growing customer base, Monitise
Group Chief Executive Alastair Lukies said: "Our growth over the past
year is a clear indicator of the value we deliver for our clients and
their customers. We're deeply committed to delivering Mobile Money
solutions that translate into customer acquisition and retention,
reduced costs and new revenue opportunities for banks in the US,
Europe and around the world." 
Monitise is joining Visa Inc. in a press briefing and partner panel
discussion at MWC to showcase the next generation of mobile payments
technology being developed by the world's largest consumer payments
network and its partners. Visa, in collaboration with partners such
as Monitise, is making Mobile Money a reality for consumers around
the world, transforming the way people, bank, pay and buy. 
During MWC on February 25-28, Visa will unveil the latest mobile
payments and services at its exhibition stand in hall 6, stand 6E40
with a press briefing and panel event on Monday, February 25 to
announce new Visa mobile initiatives. The panel is being modera
ted by
Bill Gajda, Head of Global Mobile Products for Visa Inc. and includes
Jim McCarthy, Global Head of Product, Visa Inc. Joining them will be
Lisa Stanton, EVP Payments, Monitise. 
"As our business continues to build its momentum, we're delighted to
be joining Visa in Barcelona at Mobile World Congress to discuss the
role mobile is playing in shaping the future of payments. We know
from our experiences with Visa and other leading businesses around
the world how important mobile technology is to helping financial
institutions and payment processors provide new payment solutions via
mobile as money becomes increasingly digitized," said Stanton. 
She added: "Visa is a benchmark brand for trusted payments innovation
globally and we are honoured to be playing our part in delivering its
mobile technology roadmap and creating new ways for consumers around
the world to pay anyone and buy anything via their mobile." 
Monitise and Visa Inc. have been working together since 2009.
Monitise's expertise in customizing mobile applications across a
broad range of phone models and operating systems enables Visa to
virtualize its existing accounts on mobile phones and offer Visa
account holders globally a new array of payment types.  
Innovations that Monitise is delivering as it supports Visa's mobile
strategies in terms of acquiring new accounts, activating existing
accounts, protecting core revenue and accelerating the move towards
digital payments include: 


 
--  Ongoing functionality enhancements to the Visa DPS Mobile Card
    Management Services that launched last year, for prepaid and debit
    issuers. DPS debit and prepaid issuers continue to adopt the
    specialized service, laying the foundations for mobile payments and
    mobile commerce solutions. Monitise developed and operates the service
    for DPS, the largest issuer processor of Visa transactions in the US.
    
    
--  Developing a Remote Payments Platform to bring innovative mobile
    payments capabilities to hybrid markets around the world. The platform
    technology has launched under the Movida brand in India, the
    second-largest mobile market in the world with more than 900m mobile
    subscriptions. Movida is a joint venture between Visa Inc. and
    Monitise, and allows registered customers to top up their mobile
    phones, pay bills, and purchase tickets, all via a ubiquitous user
    interface that works with virtually every mobile phone in the
    marketplace.
    
    
--  Collaboration on Visa PayWave, Visa's contactless payments
    application, in conjunction with the recently announced "Visa Ready
    Partner Program", which is available to Visa issuers globally to
    enable their entry and evolution of card payments to mobile payments.
    The solution, which has been customized for the most popular
    smartphones in the market, has been integrated into Visa's trusted
    manager service.
    
    
--  V.me, Visa's new wallet service which has been designed to take the
    friction out of commerce, regardless of where consumers shop. Monitise
    is supporting Visa's product development of V.me by creating the
    mobile wallet for smartphones that extends their ecommerce acceptance
    to mobile devices.

  
Beyond a long-standing relationship with both Visa Inc. and Visa
Europe, Monitise works with more than 300 banks and financial
institutions and an increasing array of partners positioning to adopt
new mobile banking, payments and commerce services. Monitise has also
recently entered a series of new partnerships with businesses such as
Cognizant, CGI and on-demand ecommerce provider Venda. 
Notes to Editors: 
The Visa press briefing and panel event can be accessed through the
following link: http://livestre.am/1hLDm. 
Members of the press interested in arranging Monitise executive
interviews, please contact Gavin Haycock +44 (0) 20 3657 0362:
gavin.haycock@monitise.com 
About Monitise 
Monitise plc (LSE: MONI) is a leading technology and services company
that delivers mobile banking, payments, and commerce networks
worldwide. Monitise enables financial institutions and other payment
companies to defend and extend their market position by protecting
their existing customer relationships and transactions while enabling
new forms of mobile commerce revenue.  
Monitise powers bank-grade solutions that are delivered on premise,
or via cloud services. The value of payments and transfers initiated
via Monitise's platform technology is more than US$31bn on an
annualised basis. Monitise has a global reach and unique set of
partners and clients using its completely adaptable Monitise
Enterprise Platform. More information is available at
www.monitise.com 
Monitise Americas
Kate Reed
LaunchSquad
Tel: +1.415 6258555
monitise@launchsquad.com 
Monitise Group  
Gavin Haycock
Media Relations
Tel: +44 (0) 20 7947 4156
Gavin.haycock@monitise.com 
Investor Relations
Haya Herbert-Burns
Investor Relations
Tel: +44 (0) 20 7947 4928
Haya.herbert-burns@monitise.com 
 
 
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