27 August 2016
Find out more

Deutsche Telekom orders NFC SIM for mobile payments

27 June 2011  |  7058 views  |  0 German flag

Deutsche Telekom has commissioned Giesecke & Devrient to develop a SIM card-based mobile contactless payments system.

The German telco was one of several major players to commit to NFC technology at the GSMA Mobile World Congress this year, promising commercial services by 2012.

Following a tender process it has now selected G&D for the provision of the vendor's SIM card operating system SkySIM CX.

The technology will be rolled out in several countries, the first time that contactless is being introduced across markets and implemented using a universal SIM card, says G&D.

Wireless operators around the world are pushing hard to gain a slice of the fast growing mobile payments market, with groups in France, US, UK and Denmark all recently setting up NFC ventures.
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Danish telcos team on NFC payments; banks put faith in SMS

Danish telcos team on NFC payments; banks put faith in SMS

24 June 2011  |  9614 views  |  1 comments
Orange taps Gemalto for mobile NFC in Poland

Orange taps Gemalto for mobile NFC in Poland

21 June 2011  |  7673 views  |  0 comments
UK mobile operators form payments joint venture

UK mobile operators form payments joint venture

16 June 2011  |  9727 views  |  5 comments
Orange and Barclaycard launch national mobile phone payment service

Orange and Barclaycard launch national mobile phone payment service

20 May 2011  |  13086 views  |  5 comments
From 'tap and go' to 'tap and hold': Mobile NFC found lagging

From 'tap and go' to 'tap and hold': Mobile NFC found lagging

19 April 2011  |  13347 views  |  2 comments
Visa and Samsung bring NFC m-payments to London Olympics

Visa and Samsung bring NFC m-payments to London Olympics

31 March 2011  |  14461 views  |  0 comments
Widespread NFC adoption still two years away - industry survey

Widespread NFC adoption still two years away - industry survey

24 February 2011  |  13098 views  |  0 comments
French telcos form e-payment JV

French telcos form e-payment JV

03 February 2011  |  10923 views  |  0 comments
Barclaycard and Everything Everywhere to launch contactless m-payments

Barclaycard and Everything Everywhere to launch contactless m-payments

27 January 2011  |  14908 views  |  7 comments
G&D and Wincor establish cash cycle automation venture

G&D and Wincor establish cash cycle automation venture

20 January 2011  |  6719 views  |  0 comments
Orange plans large-scale NFC roll-out

Orange plans large-scale NFC roll-out

20 December 2010  |  12633 views  |  0 comments
US telcos hire GE Capital's Abbott to lead contactless m-payments venture

US telcos hire GE Capital's Abbott to lead contactless m-payments venture

16 November 2010  |  10460 views  |  0 comments
Deutsche Telekom buys ClickandBuy

Deutsche Telekom buys ClickandBuy

25 March 2010  |  8550 views  |  0 comments
Commerzbank and G&D sign three year card deal

Commerzbank and G&D sign three year card deal

13 November 2008  |  7905 views  |  0 comments
Nokia and G&D form mobile applications JV

Nokia and G&D form mobile applications JV

27 June 2006  |  6282 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit equens.comFind out moreVisit www.abe-eba.eu

Top topics

Most viewed Most shared
hands typing furiouslyBig Data's Three Big Trends in 2016
7700 views 5 | 22 tweets | 13 linkedin
hands typing furiouslyHow Banks Are Losing Millions by Ignoring...
7535 views 11 | 24 tweets | 10 linkedin
Nordea looking for AI and blockchain breakthroughsNordea looking for AI and blockchain break...
6585 views comments | 17 tweets | 21 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
6024 views comments | 14 tweets | 14 linkedin
India's Unified Payments Interface goes live with 21 banksIndia's Unified Payments Interface goes li...
5686 views comments | 16 tweets | 18 linkedin

Featured job

Find your next job