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Broadband

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

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Categories: Internet
Companies: ClickandBuy / Deutsche Telekom
Countries: Europe
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