Monitise signs new deal with Visa

Monitise, the mobile payments company has agreed a new three-year deal with Visa that will allow the credit card firm to use Monitise technology in its mobile software. The agreement will be worth at least €45m (£39m) over the period and will accelerate the adoption of mobile payments, Monitise said. Visa has made big pushes to drive adoption of mobile payments, including a tie-up with Samsung.