Deutsche Telekom to launch NFC-based 'Mobile Wallet' for mobilepayment, tickets and bonus programs

Deutsche Telekom has announced its plans to launch Mobile phone wallet ("Mobile Wallet") for mobile payment, tickets and bonus programs. Planned market launch in Germany and Poland in 2011. Roll-Out in the US, The Netherlands and the Czech Republic in 2012.

To ensure the security of NFC services, Deutsche Telekom will introduce solutions based on international security standards for payment services. These are coordinated and protected across the device, to the SIM card and to the mobile transmission technology. Also, additional security functions will be included, for example, the locking of applications and data in case of mobile theft or loss.

"Mobile Wallet" will offer future services in the field of mobile payment both for Deutsche Telekom's own services, as well as those of third parties, such as banks, transport companies and event organizers. Additionally, bonus systems dedicated to individual retailers can be stored in the "Mobile Wallet".

In the development of contactless services, Deutsche Telekom pursues an international approach. Through Isis, a joint venture with AT&T and Verizon, Deutsche Telekom unlocks the potential for mobile payment in the USA. In Europe, it is planned to start the first NFC services on a common platform in Germany and Poland in 2011. In 2012, NFC services will be introduced in The Netherlands and the Czech Republic, and more countries will follow.

Deutsche Telekom is already working with other mobile operators such as Vodafone and O2 on the joint payment system mpass in Germany. The mobile phone wallet is being driven with various mobile operators and service providers in other European countries as well - a contact free ticket system for stadium access for the European Football Championship in 2012 is being planned. And in The Netherlands, Deutsche Telekom is cooperating with two mobile operators and three banks to bring a joint solution for mobile payment to market.

In the Deutsche Telekom marquee at Mobile World Congress 2011, guests can experience a contact free service demonstration developed in cooperation with Samsung.
Share :

0 comments on "Deutsche Telekom to launch NFC-based 'Mobile Wallet' for mobilepayment, tickets and bonus programs"

Post a Comment

Loading