Mobile money solutions provider Monitise Asia
Pacific has partnered with payments business and ATM network Joint
Electronic Teller Services Limited (JETCO) to launch m-commerce
services in Hong Kong and Macau.

Through the deal, Monitise and JETCO are set
to provide a Mobile Prepaid Top-Up service for mobile operators in
Hong Kong.

JETCO operates more than 2,000 ATMs across
Hong and Macau with more than 30 member banks including Bank of
China, The Bank of East Asia and Standard Chartered Bank.

“Today’s landmark agreement with JETCO marks
an important milestone for Monitise as we grow our business into
Asia Pacific,” said Alastair Lukies, group chief executive for
Monitise.

“This partnership is an exciting step towards bringing mobile
payments and shopping to Hong Kong, by connecting people with their
existing bank accounts or cards, anytime, anywhere, via their
mobile.

“JETCO’s experience will add enormously to Monitise as we seek
to lead the world in mobile banking and payments capabilities.
We’ll also soon be announcing more updates regarding new
partnerships and services in the mobile network operator space in
Hong Kong.”

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Monitise Asia Pacific is a joint venture with First Eastern
Mobile Investments – part of the First Eastern Investment Group –
designed to develop m-commerce in the Asia Pacific region.