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Deutsche Telekom launches MyWallet contactless payments

2014-05-06 16:46:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has announced the launch of the MyWallet app and MyWallet Card to let customers in Germany make purchases with their smartphones. All customers who sign up for mobile payments with the MyWallet Card now will get an introductory bonus of up to EUR 40. MyWallet can be downloaded as a free app from the Google Play Store. Thomas Kiessling, Chief Product & Innovation at Deutsche Telekom, said that it planned to launch mobile payment products internationally later in 2014, including Slovakia in mid-May and Hungary later in the year. In addition to the app and a MyWallet-capable Android smartphone from Deutsche Telekom, customers need an NFC-enabled SIM card to use the digital wallet. Deutsche Telekom customers who already use a suitable smartphone can order the NFC SIM card free of charge.

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