[Reuters] Visa inks deals for mobile payments push

Posted by: UGN Security

[Reuters] Visa inks deals for mobile payments push - 06/09/11 05:28 AM

(Reuters) - VISA Inc said it will acquire South African firm Fundamo for $110 million, and announced a five-year agreement with UK-based Monitise Plc, as it looks to grow its new technology-enabled payments business.