Payment system baby boom

Representative of the UK in the e-commerce market Monitise Company has recently launched its new product - MoniHome, an international remittance service that enables millions of people worldwide to use their handsets to initiate, manage and track payments at any point of world. According to the statements of Monitise this "new born" service will enable banks and mobile networks to offer remittances by connecting to the company's platform in the UK - Monilink or to its sister company - Monitise Americas located on American continent in the USA and Canada.

MoniHome is an object of long examination of world payment systems and the result of hard work of top-level specialists. With MoniHome recipients can receive money directly into their bank accounts or get it in nearest physical location in cash. MoniHome guarantees the high quality and security of its service, meeting all anti-money laundering and terrorism regulations.

Richard Johnson, CMO of Monitise said that partner-banks and mobile operators of Monitise showed their extreme  interest in cooperation with MoniHome and they can expect the launch of the first pilot of the service in the coming months.

Monitise is not the one that had presented its product to the market. Not long ago such financial institutions as Citi, Wells Fargo, Bank of America and HSBC had announced the launch of their products. Such giants as MasterCard and Western Union have also reacted on delivering their own payment services.

Aynny, reporter of Ecommerce Journal