Under the terms of the agreement, Monitise Asia Pacific and JETCO are expected to launch a mobile prepaid top-up service in Hong Kong for mobile operators, thus providing prepaid customers with the option to pay via their mobile devices.
JETCO runs over 2,000 automated inter-bank teller machines in Hong Kong and Macau. Monitise develops its banking, payment and commerce services in Hong Kong using its Globe technology platform.
Monitise Asia Pacific is a joint venture with Hong Kong direct investment firm Far Eastern, created in a bid to develop mobile banking, payment and commerce services in the Asia Pacific region.
In recent news , Monitise and its partners in Nigeria have rolled out a mobile payments service in the country, media outlet africanews.com reports.
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