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Wireless

Telefonica mulling launch of Spanish m-banking service

Tuesday 7 June 2016 | 09:14 CET | News
Telefonica Spain is considering the launch of a mobile banking service in the medium term with a view to improving customer loyalty, according to unnamed market sources cited by business daily Expansion. The service would be along the lines of the O2 Banking mobile bank account announced last month by Telefonica Germany and the aim would be to compete with forthcoming operator-led services such as OrangeBank, said the sources. Although no final decision has yet been taken, the company reticence at entering the banking sector was previously swayed by the fact that Spanish financial

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Categories: Mobile & Wireless
Companies: Telefonica / Telefonica Germany
Countries: Spain
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