Overview:The Mobile Money Network (MMN) launched in March 2011 with the vision of adding simplicity to the way people shop by putting the mobile at the heart of the shopping experience. Since launch, MMN has been collaborating with retailers, financial services organisations, operators and media owners to build the standard for mobile payments – Simply Tap™ – providing consumers with a simple way to buy goods and services quickly, easily and securely anywhere, anytime on their mobile device. Partners already signed up to the network include Associated Newspapers, Universal Music, Thorntons, HMV, Carphone Warehouse and Pretty Green.
Instant mobile checkout apps from MMN are available on iTunes and Google Play for any smartphone user, additionally an estimated 3.5 million Carphone Warehouse smartphone customers across 800 stores will be offered the Carphone Warehouse Mobile Checkout powered by Simply Tap™ at point of sale this year.
In December 2012, Associated Newspapers launched Metro's Life&Style mobile checkout
MMN is a joint venturebetween Monitise, Carphone Warehouse, Visa Europe and Sir Charles Dunstone. Sir Stuart Rose, Former Executive Chairman and Chief Executive of Marks & Spencer, is Non-Executive Chairman.
MMN was fully acquired by Monitise PLC in December 2012