Deutsche Telekom will partner with two vendors to push Near Field Communication-based mobile payments at the point of sale and at vending machines in Germany.
The German telco will work with B&S Card Service and Intercard to establish a mobile payments system incorporating the use of a MasterCard prepaid card in a mobile wallet. They will also offer NFC stickers for use on smartphones lacking an NFC chip. The vendors will supply the needed infrastructure for processing payments at terminals and vending machines, Deutsche Telekom states in a press release.
“Until now we have worked with NFC stickers only in Poland and we are quite satisfied with the results,” Deutsche Telekom spokeswoman Verena Fulde-Abs states in an e-mail.
The use of stickers represents only "a step in between" on the company’s path to mobile payments, Fulde-Abs says.
“As a telecommunications company, our goal is to bring a real mobile wallet on the smartphones as we already did in Poland last year and will do in other countries,” she adds.
Because the field of mobile payment still is new and growing, Fulde-Abs says Deutsche Telekom cannot forecast the number of users it expects for the initial rollout in Germany.
Deutsche Telekom uses Wirecard as a payments processor supporting the telco’s mobile wallet.
The telco also chose Gemalto last year for its NFC-based trusted service manager for mobile payments throughout Europe.