Monitise's shares rose Thursday after the mobile banking and payments specialist signed a contract with Visa Europe.
The agreement is a three-year commercial partnership for the development of mobile money payments and mobile commerce solutions.
Separately, Monitise has granted Visa Europe warrants to purchase ordinary shares.
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The company's technology platforms and services are used by banks, payment companies, retailers and mobile networks.
Shares climbed 1.48% to 34.25p at 12:32 Thursday.
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