July 4, 2012 – Mobile network operator Deutsche Telekom has formed a Europe-wide partnership with MasterCard that will see the pair push contactless mobile payments to tens of millions of people. The first consumer roll-out of the NFC-enabled SIM-based mobile wallet will take place in Poland later this year, enabling users to tap their handset against readers at the point of sale for low value transactions.
Thomas Kiessling, chief product and innovation officer, Deutsche Telekom, says: „This is a huge step on our way to increase mobile payments. With MasterCard we have a well-known and experienced partner generating growth in this important market segment. We want to build a comprehensive ecosystem around mobile payment, helping Telekom to realize its strategy of being the first choice for customers regarding connected life and work.”
Earlier this year a similar, global, partnership was struck between Vodafone and Visa to bring contactless mobile payments to customers in more than 30 countries. Another of the big telcos, Orange, last week revealed it has begun rolling out NFC-enabled SIMs to its millions of customers across France.
Update
June 28, 2012 – Orange, France’s leading mobile operator with over 27 million subscribers, and Gemalto, the world leader in digital security, announce the first large-scale rollout of a SIM-based NFC solution to enable NFC-readiness for mass deployment of mobile contactless services. Orange is the first operator in Europe to deploy latest-generation NFC SIM cards to its customers in France at a national scale.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
