CaixaBank, Santander and Telefonica will establish a joint venture in Europe

Mon 03 Jun 2013

Spanish financial services provider CaixaBank, Santander and telecommunication company Telefonica have signed an agreement to establish a joint venture for the development of new digital services based on mobile and telecommunication technologies. The agreement states that companies will lead their activities in order to facilitate communication between traders and consumers when it comes to offers, discounts and promotions. In addition, the joint venture will develop a digital wallet where users will be able to keep their cards.