Wednesday, 7 May 2014

Deutsche Telekom Starts NFC Based Mobile Payments Service

              
Germany 's Deutsche Telekom has launched an NFC based mobile payments service that works with Android smartphones. Launches in other European countries are expected within the next few months.
A mobile app controls the service, along with an NFC-enabled SIM Card that is put into smartphones that don\'t natively support the service. The app already turns 18 smartphone models into digital wallets.
 "As a result, more than two million Deutsche Telekom customers in Germany already have the technology for mobile payment," says Thomas Kiessling, Chief Product & Innovation at Deutsche Telekom. "And also on an international level we will launch mobile payment products this year. In Slovakia we will introduce our payment solution mid-May. In Hungary -- after a test phase with services like payment and ticketing -- a commercial launch is also planned for this year."
In addition to the app and a MyWallet-capable Android smartphone from Deutsche Telekom, customers need an NFC-enabled SIM card to use the digital wallet. The SIM card serves as a secure data safe for the payment data and will be shipped with every new MyWallet-capable smartphone starting now. Deutsche Telekom customers who already use a suitable smartphone can order the NFC SIM card free of charge.

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