Monitise, a global leader in Mobile Money, will join other key players from the cards and payments industry to showcase its latest offerings at Cards & Payments Middle East, held in Dubai on May 12-13. Cards & Payments Middle East is the region's leading forum for demonstrating, testing and buying leading cards and payments solutions.

With a strong presence in the Middle East led from Istanbul, Monitise has designed and developed mobile banking products for clients including Arab National Bank, Qatar Islamic Bank and Doha Bank. At Cards & Payments Middle East, Monitise will demonstrate how the region's leading banks and retailers can transform their services for the mobile age.

"We are delighted to be building upon our existing, renowned service delivery and presence in the Middle East," said Monitise MEA CEO Fatih İşbecer. "Cards & Payments Middle East will be a great opportunity to showcase the best-in-class solutions we have deployed across the region and around the world."

According to Juniper Research*, 11.9 million mobile users in the Middle East and Africa made transactions via mobile devices in 2012 - figures are expected to reach 71.9 million users by 2017, representing significant potential for mobile payment technologies. Monitise acquired Istanbul-based Pozitron in February 2014 as part of its overall aims to reinforce its strong presence in the Middle East with new partnerships and innovative projects.

The Monitise booth will be located at stand C20. Conference attendees are welcome to visit the booth to receive more information and discuss options to power their mobile strategies.

NOTES TO EDITORS

*Source: http://www.arabiangazette.com/mea-mobile-banking-users-quadruple-2017-20130712/

About Monitise

Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money. Already 28 million consumers benefit from our patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $71bn of payments, purchases and transfers annually.www.monitise.com.

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