Finextra – 7/22/13: India’s Icici Bank is to use technology from Movida, the mobile payments joint venture between Visa and Monitise, to provide customers with a new way to recharge their phones and pay bills from their handsets. Cardholders will be able to make payments through Movida’s secured connection after linking their payment card to their mobile phone number registered with Icici Bank. Card account information will be protected by a personal PIN.
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Source: Paymentspulse