VocaLink and mobile banking specialists
Clairmail are working together to develop real-time P2P mobile
payments products.

The partnership brings together Clairmails
m-payments solutions and VocaLink’s Faster and Immediate Payments
capabilities.

In a statement, VocaLink said the move will
enable banks “to provide a roadmap of innovative, real-time banking
solutions through the mobile channel”.

Marc Terry, Managing Director for Global
Transaction Services at VocaLink, said: “As smartphone sales
continue to soar and consumer demand for mobile banking increases,
financial services organisations can no longer ignore the huge
potential of the mobile channel when it comes to delivering a
successful consumer payments strategy.

“Our partnership with Clairmail will enable
banks to effectively deliver innovative banking solutions,
benefiting from a truly end-to-end solution.