I dismissed this company as froth when I first looked at it. Since then the sp has doubled and continues to steadily rise. I looked again and when I saw the countries and contracts this firm is in---I was impressed and bought some to tuck away. anyone else bought in or interested?

Lol!

Monitise boasts tripling of transaction values

PermataBank, BlackBerry and Monitise Join Forces to Bring Mobile Payments Services to BlackBerry Messenger

JAKARTA, INDONESIA - Indonesian financial institution PT Bank Permata Tbk (PermataBank), BlackBerry® (NASDAQ: BBRY; TSX: BB) and Mobile Money leader Monitise plc (LSE: MONI.L) announce the commercial pilot launch of BBM Money.

With BBM Money, customers have the ability to create and access a mobile money account from their BlackBerry smartphone and make real-time payments to their BBM contacts who are also signed up to the service. They can also buy mobile airtime credit and transfer money to bank accounts.

Developed by PT AGIT Monitise Indonesia (AGIT Monitise Indonesia), the joint venture between Monitise Asia Pacific and Astra Graphia Information Technology (AGIT), part of Astra International Group, and issued and managed by PermataBank, BBM Money is making its commercial pilot debut in Indonesia, where customers may easily load cash into it from an Indonesian bank account. PermataBank will issue BBM Money mobile money accounts and process financial transactions. The service is protected by bank-grade security measures including a passcode, encryption, monitoring, and limits as required by PermataBank under Bank Indonesia regulations.

I,ll buy back in if they go down to 30p.

Monitise and Visa Europe accelerate Mobile Money

New three-year deal represents minimum revenues to Monitise of 45m Euros

Acceleration of Buy Anything mobile services with continued development of Bank Anywhere, Pay Anyone

Monitise plc (LSE: MONI, the "Company") and Visa Europe are further strengthening their partnership via a new three-year commercial agreement spanning the development and deployment of Mobile Money payments and mobile commerce solutions for Europe's leading financial institutions.

Heads of terms have been signed for the agreement, which covers licence rights to all aspects of Monitise's mobile technology.

Looks to be in an up trend for the moment.

Up how skinny ? it never goes up !

Omega Advisors, Inc. > 10%

Monitise welcomes Visa Europe

Monitise welcomes Visa Europe person-to-person payments momentum and new capabilities

Visa's Personal Payments service now has 17 live and committed issuers across Europe

Monitise plc (LSE: MONI) welcomes the launch of two additions to Visa Europe's Personal Payments mobile service it has helped develop that will enable consumers to make transactions from their mobile phone to any Visa cardholder in Europe, in any European currency.

The Multi-Currency feature, which will be available by the end of 2013, allows payments to be sent and received across borders, bringing international money transfers to mobile devices and simplifying what can often be a complex and expensive process for those wishing to send money to an individual in another European country.

Immediate Payments, launching in the UK this week with other markets to follow later in the year, makes it possible for consumers to receive money sent via Visa Personal Payments in a matter of minutes.

The Visa Personal Payments system now has 17 live and committed issuers across Europe. RBS and NatWest were the first in the UK to launch the service via their mobile banking app last month, which was downloaded by 1.7 million consumers in its first two weeks.

Monitise Chief Executive Alastair Lukies said: "Being able to send money instantly, securely and easily to a friend, family member, colleague or another individual is so important for consumers and these new services deliver that capability with the tap of a finger."

Lukies added: "We are delighted with the interest being shown by Visa Europe member banks for these new innovations that are transforming the way consumers manage their money. Visa is quite simply the most trusted way to pay."

Monitise announces completion of Visa Europe deal

Further to the announcement made on 6 March 2013, Monitise plc (LSE: MONI) has completed the final contractual agreement with Visa Europe involving a new three-year commercial partnership spanning the development and deployment of Mobile Money payments and mobile commerce solutions.

Separately, Monitise has granted Visa Europe warrants to purchase ordinary shares, in line with the 6 March announcement.

StockMarketWire.com
Monitise has launched Monitise mPOS, a white-labelled mobile payment service.

The service is designed to allow banks, mobile operators and acquirers to offer their businesscustomers the ability to accept card payments on a mobile device and layer on a robust and scalable array of services enabling merchants to manage money on the move from one secure solution.

Market seems less than impressed!

12 month high.

That's better!

Better again! Shares mag has a buy recommendation with a target price of 60p. Kiss of death?! ;o)

Lloyds and Monitise small business mobile solution

Lloyds Bank Commercial Banking agrees partnership with Monitise mPOS to develop mobile payment solutions and future mobile banking services

Lloyds Bank Commercial Banking has partnered with Monitise (LSE: MONI) to develop a suite of mobile card acceptance solutions for micro-merchants, start-ups and small business owners.

The partnership will offer a suite of mobile payments products from Autumn 2013. With the number of UK private businesses increasing for the 12th consecutive year, reaching 4.8m at the start of 2012*, the Mobile Point of Sale(mPOS) solution will offer a fast and secure way for them to take payments. In addition this partnership provides the basis to offer additional mobile banking services and business solutions in the future.

Monitise announces partnership with Telefónica

Monitise plc (LSE: MONI) is delighted to announce it has become the preferred Mobile Money technology partner for Telefónica Digital to develop and manage new and existing mobile payment and commerce services for its customers.

The two companies have entered a five-year agreement involving substantial minimum revenues to Monitise. The initial focus of the partnership will be in the UK.

The total minimum revenues are not dissimilar to those recently announced in the Group's new partnership with Visa Europe, Europe's largest payments processor, and underpin Monitise's revenue expectations for the 2013 financial year and future growth expectations.

Note from house broker Canaccord:
What’s new?
Monitise has announced an agreement with Telefonica Digital to develop and manage mobile payment and commerce services. The contract extends over five years and involves minimum revenues within range of the recently announced partnership with Visa Europe ($60m (€45m) over three years). The majority of the revenues from the contract will be user generated fees. Transaction fees on future mobile money services are incremental. Under the agreement, Monitise becomes Telefonica Digital’s preferred partner in mobile payments and commerce platforms. The initial focus of the partnership will be the UK but as preferred partner the expectation is that Monitise will be working with Telefonica Digital across other territories.
The contract expands our view of Monitise and its addressable market. Monitise has become not just an enabler of mobile money for banks but now also for mobile network operators (MNOs). The contract is Monitise’s first major alliance outside the traditional financial institutions. We see it leading to opportunities with other companies in the mobile ecosystem. Today’s ground-breaking agreement opens a new market for Monitise.

We believe adding a MNO partner may significantly improve the success of mobile money services supported by Monitise. In our view, success in mobile money requires active collaboration between the three major ecosystems that drive mobile money – financial, mobile and retail. The addition of a major MNO to Monitise’s platform allows it to provide highly collaborative mobile money services actively supported by both MNOs and financial institutions. We believe Monitise is now in a unique position, spanning multiple ecosystems.

We view Telefonica as an ideal MNO with which to collaborate: it is the world’s third-largest mobile operator with 241m mobile subscribers and 316m total subscribers with particular strength in Latin America. Equally important, we believe Telefonica is one of the most dynamic and innovative MNOs in the mobile money market.
Valuation
The contract strongly underpins FY13 results and our expectations for growth in FY14. We estimate the agreement is one of Monitise’s largest annual revenue generators, with opportunities to increase in value over time. We reiterate our BUY recommendation and DCF-based target price of 50p.
Share performance catalyst
We expect Monitise to report strong full year results in August.

StockMarketWire.com
Monitise said Movida, its mobile payments joint venture with Visa, has won a deal with ICICI Bank, India's largest private sector bank.

The deal is to utilise Movida's mobile payments service for the Bank's customers.

The service will enable ICICI Bank payment card holders to pay bills, recharge prepaid airtime and buy cinema tickets from their mobile phone, anywhere, anytime.

It will be possible to access Movida either through a menu-based USSD mobile technology, or an Interactive Voice Response (IVR) in multiple languages. These options make the service easy to use and are widely available from any type of mobile phone, including basic models.

Trading Update

Highlights

· Full-year 2013 revenue of at least £70m, compared to £36m in FY 2012, representing another year of substantial growth across the Monitise Group.

· Gross margins for the year above 70% with H2 particularly strong owing to a number of significant licence deals (FY 2012: 66%).

· Net cash at year-end of £85.6m.

· Over 23 million registered users to the Monitise platform.

· Further growth in live transactions with 2.4bn transactions on an annualised basis.

· Payments and transfers initiated via Monitise technology now worth $40bn on an annualised basis.

· Monitise partners and clients in the US include Visa Inc., FIS, American Savings Bank, Webster Bank, BMO Bank of Montreal, Fifth Third Bank, PNC, US Bank, Frost Bank, UMB, First Citizens, Alerus Financial, Veridian and Desert Schools Federal Credit Union.