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29 Sep 2009
T-Mobile has partnered with Morse spin-off Monitise to offer its customers mobile banking services.
Under the terms of the deal, T-Mobile will use Monitise’s mobile banking technology to enable it to offer its customers the option of registering and receiving bank balance alerts by text message.
Damien Byrne, head of new proposition development at T-Mobile, said: “Working with Monitise has enabled us to bring new mobile services to market quickly and easily.
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“It is clear that customer demand for managing money on the move is set to grow and it is our aim to ensure that we continue to develop innovative services for them.”
Alastair Lukies, chief executive of Monitise, said: “Mobile phone operators have a critical role to play in enabling people to use mobile money services.
“Given the increase in consumer demand for mobile money, T-Mobile has an opportunity to deepen customer relationships by providing new services that help people avoid overdraft charges or embarrassing card refusals.
Lukies added: “Forward-looking operators like T-Mobile recognise that partnering with Monitise, which provides an industry solution, gives them real added value."
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