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BBM Money Service Wins at Emerging Payments Awards

While not concerning the most of us BlackBerry users, it is still a good news nonetheless. Global Mobile Money specialist Monitise plc (LSE: MONI.L) has been named winner of the Best Peer to Peer Programme category at the Emerging Payments Awardsfor its Indonesian BlackBerry Messenger payments service, BBM Money.Press Release:

Global Mobile Money specialist Monitise plc (LSE: MONI.L) has been named winner of the Best Peer to Peer Programme category at the Emerging Payments Awardsfor its Indonesian BlackBerry Messenger payments service, BBM Money.

Winners were announced at a celebration dinner for both the Emerging Payments and Prepaid Awards, held on October 2 at the Lancaster London hotel. Graham Johnson, EVP Professional Services and Enterprise Engineeringat Monitise, accepted the award on behalf of the company.

The Peer to Peer Programme category recognises the best live P2P payment programmes and innovations around the world. It was open to any type of solution – whether based on an open loop or closed network, and across cards, mobile, or online.

Developed by AGIT Monitise Indonesia, the joint venture between Monitise Asia Pacific and Astra Graphia Information Technology, part of Astra International Group, and issued and managed by PermataBank, BBM Money gives consumers the ability to create and access a Mobile Money account from their smartphone and make real-time payments to their BBM contacts who are also signed up to the service. They can also buy mobile airtime credit, transfer money to bank accounts, pay bills and make cardless cash withdrawals using the service.

Commenting on the award win, Monitise Chief Information Officer Mike Keyworth said: “We are delighted that BBM Money has been globally recognised as a winner amid such strong competition from other innovative brands. This is yet another example of the power of partnerships that Monitise champions as it works to help its partners make money totally mobile around the world. The service was built and deployed by members of our team from around the world working to launch a truly unique, mass-market innovation. Indonesia is an incredibly exciting market for Mobile Money and provided the perfect environment for BBM Money.”

An overview of winners from the night can be viewed here:
http://www.emergingpaymentsawards.com/2013/10/award-winners-2013

About Monitise:
Monitise (LSE: MONI) is a world leader in Mobile Money – banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise’s technology platforms and services to securely connect people with their money.

Already 24 million consumers benefit from our patented technology to ‘bank anywhere’, ‘pay anyone’ and ‘buy anything’ accounting for $50 billion of payments, purchases and transfers annually. More information is available at www.monitise.com.

Category: News!

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