Monitise’s Mobile Money Android app will soon be available as a free download from the ‘Android Market’ and will be compatible with all Android devices.
Neil Sentance, VP, wireless business development at Monitise, comments: ‘Android is going to be big and we will look to capitalise on its excellent customer experience capabilities, such as social networking. Soon, when Android owners are chatting to a friend on Facebook, for example, they might send them, from their mobile, a tenner they owe after a night out.’
Monitise’s full range of account management, payment and commerce services will be available on the new Android app, including bank account balance enquiries, mini statements, transfers between accounts and bill payments.
‘We are seeing a sharp rise in the use of mobile banking services globally as consumers take even more personal interest in and ownership of their money management,’ says Alastair Lukies, CEO, Monitise. ‘Combine this with the fantastic user experience that new devices like Android phones provide and we are seeing the inevitable step change in the mobile banking and payments landscape.’
The Monitise Android app will be powered by Monitise’s secure Mobile Money Manager platform. This has already been chosen by over 200 financial institutions in the UK and USA to provide mobile banking and payments services to their millions of customers across over 2,700 different handsets. The bank grade security and use of existing banking infrastructures inherent in the platform mean that customers can use Monitise mobile applications from their bank with confidence.