ChronoPay, B.V. a leading Online Payment Services Provider, announced the signing of a Credit Card Processing Agreement with Amsterdam-based MobileMoney.com, a premier provider of entertainment content for international mobile phone users.

The agreement represents a significant partnership, which will allow millions of MobileMoney customers to purchase Ringtones (monophonic and polyphonic), Logos, SMS images, Screensavers, Wallpapers, True Tones, Animated Pictures and Java Games, with micropayments (very low-value payments, typically less than $3) being charged to their credit cards and processed over the ChronoPay payment system.

"MobileMoney has developed some of the finest mobile entertainment applications in the world and global demand is growing at an astounding rate. We are thrilled that they selected ChronoPay to handle their credit card micropayment processing. We are expecting to quickly ramp up to as many as 1,000,000 transactions per month", said Ivan Glazachev, ChronoPay’s Head of Business Development.

MobileMoney has amassed a Partner Network of more than 6,000 companies, including MSN, Lycos (Europe) and others, which collectively serve more than 100,000,000 users. The demand for mobile entertainment content has skyrocketed with the usage of smart phones, which provide 24/7 Internet connectivity and are capable of supporting the most popular third-party applications.

ChronoPay has established many important banking relationships throughout the world, making it an ideal choice for Mobile Money, as its demand for international credit card payments; particularly micropayments has expanded within its Partner Network.

About MobileMoney:
MobileMoney provides a wide variety of mobile entertainment content, including Ringtones (monophonic and polyphonic), Logos, SMS images, Screensavers, Wallpapers, True Tones, Animated Pictures and Java games to mobile phone users all over the world. MobileMoney's website is located at http://www.MobileMoney.com.