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dotMobi Announces Strategic Investment from Visa.
2007-03-29, HostMan.biz Welcomes Visa to a consortium that already represents 13 mobile operators, network & device manufacturers, and Internet content providers. dotMobi, the registry for the .mobi domains, today announced that Visa International has made an investment in dotMobi and will have a representative on dotMobi's Board of Directors. This investment adds Visa to a consortium that already represents 13 mobile operators, network & device manufacturers, and internet content providers. Visa brings to dotMobi extensive mobile commerce and payment capabilities, including solutions for contactless mobile payment, Over the Air personalization, coupons and direct marketing, claims the company, the release said. "Visa's strategic alliance with dotMobi puts us at the forefront of working with mobile operators and technology providers to develop practical and achievable best practices for the delivery of enhanced mobile commerce services," said Patrick Gauthier, Senior Vice President, Innovation, Visa International. "This alliance, coupled with our recently launched Visa mobile platform, positions Visa to advance the adoption of mobile services that provide convenience to consumers and value for those within the delivery chain." "We're absolutely delighted to welcome Visa on board as our fourteenth investor," said Neil Edwards, CEO of dotMobi. "As always, our goal is simply to make the internet mobile. The addition of Visa to our company and to our board is the next step in making that a reality." |
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