3V moves into Dutch mobile money market

25 Jan 2012

Dublin-headquartered electronic money provider 3V has expanded its franchise into the Dutch m-commerce market by signing up a franchise partner, 3V Netherlands.

3V Netherlands is rolling out Visa debit card services, that now provides customers with a secure VISA debit card linked to their mobile phones which can be topped up with cash or via bank accounts.

It is supported by apps-based functionality that allows customers on their mobiles to check their account balances, transfer funds to each other in real time and view their previous transactions, as well as a host of other alerting and rules-based money-management tools.

The move follows 3V’s involvement in the launch of O2 Money in association with Telefonica.

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years