Europe gives green light to Belgacom, Fortis m-wallet jv

Monday 14 October 2013 | 10:50 CET | News
The European Commission has given its green light to the m-wallet joint venture started by Belgacom and BNP Paribas Fortis. The Commission said that the new company did not raise any competition concerns, as there were several actual or potential competitors. The new company will allow consumers in Belgium to use mobile devices to buy goods or services, to redeem coupons or use loyalty cards. The joint venture will offer a mobile application that customers can download for free. It will connect to one or several independent payment wallets in which customers can upload their payment card

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Belgacom / European Commission / European Commission / Fortis / Redeem
Countries: Belgium
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