Monilink
| Company type | Limited company |
|---|---|
| Industry | Banking/Telecoms |
| Founded | 2003 |
Area served | United Kingdom |
Number of employees | unknown |
| Website | www.monilink.co.uk |
MONILINK Limited is the banking service operating in the United Kingdom that gives customers access to their financial information directly from their mobile phones. Created in 2003 MONILINK is a joint venture between Monitise and LINK (UK). Promotional material promises consumers that, through the service: “The future of banking is in your hands”.
Currently, MONILINK offers customers the chance to check their bank balance in real time, view a mini statement detailing the last six transactions and add credit to up to five pay as you go phones. In the future, services will include options to move money between accounts, pay bills, and purchase travel tickets.
Banking partners
By June 2008, HSBC, first direct, Alliance & Leicester, NatWest, Royal Bank of Scotland, Ulster Bank and Lloyds TSB. Alliance & Leicester withdrew, after being taken over by Santander.
Network partners
All the mobile phone companies in the UK enable MONILINK: Vodafone, O2, Orange, T-Mobile and 3. Tesco Mobile and Virgin Mobile are also participating.
Awards
MONILINK was recognised by the World Economic Forum in 2006 as a Technology Pioneer in the area of mobile banking.