Moible payments are well on their way, just because the US isn’t ready doesn’t mean that other countries aren’t forging the way. MasterCard and Deutsche Telekom aka T-Mobile have rolled out an NFC wallet solution in Poland and Germany will follow the beiginning of next year. We got to check out a demo and see the NFC service in action on a Galaxy S3.
Deutsche Telekom has 93 million mobile subscribers in Europe, and 129 million world-wide and what is really interesting about this launch is not how we’re seeing mobile payments on the ground but how carriers are wedging themselves into the equation to make it happen. It’s also a sign of how credit card companies realize they have to team up with carriers to put through these innovations.
We actually know the wallet service provider behind the mobile wallet, Toro based in Taiwan we’ve interviewed several times over the years. The last time we chatted we discussed how NFC was the battle ground between carriers and Google, if you missed it, we’ve got a link here. We’re glad to see their service actually make it to market!
Here is a video of the service in action. You’ll notice that it’s more then just payment, hotel room key’s and loyalty rewards cards are also on the menu.