Monitise confident over smart-phone outlook

Shares in mobile banking firm Monitise were on the up on Wednesday after Visa Europe, its "strategic partner", said it expected that by 2020 over half of all its European transactions will be on a mobile device.

Shares in mobile banking firm Monitise were on the up on Wednesday after Visa Europe, its "strategic partner", said it expected that by 2020 over half of all its European transactions will be on a mobile device.

According to Monitise's Chief Executive Alastair Lukies, "The surge in mobile payments and transactions anticipated by Visa Europe mirrors the trend Monitise is seeing across its business."

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.