Deutsche Telekom, MasterCard outline m-payment plans

Thursday 19 July 2012 | 14:32 CET | News
Deutsche Telekom and MasterCard held a press conference in Berlin on 19 July on their planned cooperation in mobile payments. As a first step, the companies will issue a new payment card combined with a NFC tag for cash-free payment that enables consumers to use their mobile phones for payments. The alliance will target Telekom's 93 million mobile customers across Europe. A similar solution will be launched on the Polish market by end-2012. Consumers in Germany will be able to test the products in the first half of 2013.

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / MasterCard
Countries: Europe
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