Deutsche Telekom shuts ClickandBuy e-payment service

Thursday 3 December 2015 | 21:26 CET | News
Deutsche Telekom is shutting down the ClickandBuy online payment service at end-April 2016, reports the dpa news agency. Customers must use up their credit by this date or transfer it to another account. Telekom said it was closing the business due to intense market competition. The news follows the recent announcement by retailer Otto that it was withdrawing its digital payment service Yapital from the consumer market. A Telekom spokesperson confirmed that 80 jobs at ClickandBuy would be lost, but declined to give information about customer numbers or payment volumes. Deutsche Telekom took

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: ClickandBuy / Deutsche Telekom
Countries: Europe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Ook Vodafone Duitsland stopt met Wallet

Published 19 Apr 2018 11:03 CET | Germany
Naast de Spaanse tak van Vodafone stopt ook Vodafone Duitsland met het aanbieden van zijn mobiele betaaldienst Wallet. De dienst ...

Deutsche Telekom discontinues MyWallet app in Germany

Published 08 Nov 2016 10:42 CET | Germany
Deutsche Telekom will withdraw its MyWallet app from the German market over the coming months. Telekom gave confirmation to Heise ...

Deutsche Telekom stopt met betaaldienst ClickandBuy

Published 04 Dec 2015 07:31 CET | Europe
Deutsche Telekom beëindigt eind april volgend jaar zijn online betaaldienst ClickandBuy, schrijven diverse Duitse media. Klanten ...

Yapital withdraws from end consumer market

Published 24 Nov 2015 17:58 CET | Europe
German retailer Otto Group plans to withdrawn the Yapital digital payments business from the end consumer market with effect from ...