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Wirecard Supports Telefónica's Mobile Payments
MUNICH, January 30, 2013 /PRNewswire/ --
Mobile, contactless payments using mobile phones is taking off into the future. At
this year's Hubert Burda Media Digital Conference (DLD), Telefónica Germany introduced
new solutions for direct money transfer from smartphone to smartphone (person to person)
and their digital wallet as part of a show case. This is based on technical implementation
by Wirecard AG, which is both a software company and card-issuing bank. Wirecard manages
the processes that Telefónica needs, such as payment processing and the provisioning of
the virtual "O2 Wallet mpass Card" to NFC-enabled SIM cards.
This year, the global innovation network DLD also placed "The Future of Mobile
Payment" on the agenda. At the DLD conference, Wirecard's CEO Markus Braun noted: "We are
at the start of a transformation to become a cash-free society." The panel discussion
concluded that Mobile Payment has already arrived in Germany.
In October 2012, Telefónica was the first network operator in Germany to introduce
mobile, contactless payments in stores using NFC stickers. These are attached to the
mobile phone to enable it to make payments. The next developmental stage will follow soon
with the O2 Wallet, the digital wallet of Telefónica. NFC technology for contact-free
payments will then be included in the SIM card. In combination with a NFC-enabled mobile
phone and the mobile application "O2 Wallet mpass Card" contactless transactions are
possible.
From the middle of February 2013, Telefónica's new service will go live "mpass
sending money". This will allow transfers to be made from smartphone to smartphone
practically in real time, from one mpass account to another. The recipient's bank account
details are not required. All that is needed is the mobile phone number.
More on the Mobile Payment Panel at DLD on our Website:
http://www.wirecard.com
More on Wirecard AG's mobile payment solutions:
http://mobilepayment.wirecard.com/ [http://mobilepayment.wirecard.com ]
About Wirecard:
Wirecard AG is one of the leading international providers of electronic payment and
risk management solutions. Worldwide, the Wirecard Group supports over 13,000 companies
from a wide range of industry segments in automating their payment processes and
minimizing cases of default Wirecard Bank AG is a Principal Member of Visa, MasterCard and
JCB and operates as a credit card acquirer in 69 countries around the world, involving
over 100 transaction currencies and 18 payout currencies. Part of the Wirecard Group,
Wirecard Bank provides innovative solutions in the fields of corporate banking, prepaid
and co-branded cards, along with account products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060,
WDI).
http://www.wirecard.com | http://www.wirecardbank.com |
http://www.mywirecard.com
About Telefónica Germany:
Telefónica Deutschland Holding AG, listed at the Frankfurt Stock Exchange in the
Prime Standard, and its wholly-owned, operationally active subsidiary Telefónica Germany
GmbH & Co. OHG belong to Telefónica Europe and are part of the Spanish telecommunication
group Telefónica S.A. The company offers its German private and business customers
post-paid and prepaid mobile telecom products as well as innovative mobile data services
based on the GPRS, UMTS and LTE technologies with its product brand O2. In addition, the
integrated communications provider also offers DSL fixed network telephony and high-speed
internet. Telefónica Europe has more than 105 million mobile and fixed network customers
in Spain, Great Britain, Ireland, the Czech Republic, Slovakia and Germany.
Wirecard media contact:
Wirecard AG
Maren Brandt
Einsteinring 35
85609 Aschheim
Tel.: +49-(0)89-4424-1425
Fax: +49-(0)89-4424-2425
E-mail: maren.brandt@wirecard.com
Internet: http://www.wirecard.com
Telefónica media contact:
Ralf Opalka, Press Spokesman
PR Office
Telefónica Germany
Georg-Brauchle-Ring 23-25
80992 Munich
http://www.telefonica.de/presse/mobiles-bezahlen
http://www.telefonica.de/presse
Wirecard AG
Wirecard Supports Telefónica's Mobile Payments
MUNICH, January 30, 2013 /PRNewswire/ --
Mobile, contactless payments using mobile phones is taking off into the future. At
this year's Hubert Burda Media Digital Conference (DLD), Telefónica Germany introduced
new solutions for direct money transfer from smartphone to smartphone (person to person)
and their digital wallet as part of a show case. This is based on technical implementation
by Wirecard AG, which is both a software company and card-issuing bank. Wirecard manages
the processes that Telefónica needs, such as payment processing and the provisioning of
the virtual "O2 Wallet mpass Card" to NFC-enabled SIM cards.
This year, the global innovation network DLD also placed "The Future of Mobile
Payment" on the agenda. At the DLD conference, Wirecard's CEO Markus Braun noted: "We are
at the start of a transformation to become a cash-free society." The panel discussion
concluded that Mobile Payment has already arrived in Germany.
In October 2012, Telefónica was the first network operator in Germany to introduce
mobile, contactless payments in stores using NFC stickers. These are attached to the
mobile phone to enable it to make payments. The next developmental stage will follow soon
with the O2 Wallet, the digital wallet of Telefónica. NFC technology for contact-free
payments will then be included in the SIM card. In combination with a NFC-enabled mobile
phone and the mobile application "O2 Wallet mpass Card" contactless transactions are
possible.
From the middle of February 2013, Telefónica's new service will go live "mpass
sending money". This will allow transfers to be made from smartphone to smartphone
practically in real time, from one mpass account to another. The recipient's bank account
details are not required. All that is needed is the mobile phone number.
More on the Mobile Payment Panel at DLD on our Website:
http://www.wirecard.com
More on Wirecard AG's mobile payment solutions:
http://mobilepayment.wirecard.com/ [http://mobilepayment.wirecard.com ]
About Wirecard:
Wirecard AG is one of the leading international providers of electronic payment and
risk management solutions. Worldwide, the Wirecard Group supports over 13,000 companies
from a wide range of industry segments in automating their payment processes and
minimizing cases of default Wirecard Bank AG is a Principal Member of Visa, MasterCard and
JCB and operates as a credit card acquirer in 69 countries around the world, involving
over 100 transaction currencies and 18 payout currencies. Part of the Wirecard Group,
Wirecard Bank provides innovative solutions in the fields of corporate banking, prepaid
and co-branded cards, along with account products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060,
WDI).
http://www.wirecard.com | http://www.wirecardbank.com |
http://www.mywirecard.com
About Telefónica Germany:
Telefónica Deutschland Holding AG, listed at the Frankfurt Stock Exchange in the
Prime Standard, and its wholly-owned, operationally active subsidiary Telefónica Germany
GmbH & Co. OHG belong to Telefónica Europe and are part of the Spanish telecommunication
group Telefónica S.A. The company offers its German private and business customers
post-paid and prepaid mobile telecom products as well as innovative mobile data services
based on the GPRS, UMTS and LTE technologies with its product brand O2. In addition, the
integrated communications provider also offers DSL fixed network telephony and high-speed
internet. Telefónica Europe has more than 105 million mobile and fixed network customers
in Spain, Great Britain, Ireland, the Czech Republic, Slovakia and Germany.
Wirecard media contact:
Wirecard AG
Maren Brandt
Einsteinring 35
85609 Aschheim
Tel.: +49-(0)89-4424-1425
Fax: +49-(0)89-4424-2425
E-mail: maren.brandt@wirecard.com
Internet: http://www.wirecard.com
Telefónica media contact:
Ralf Opalka, Press Spokesman
PR Office
Telefónica Germany
Georg-Brauchle-Ring 23-25
80992 Munich
http://www.telefonica.de/presse/mobiles-bezahlen
http://www.telefonica.de/presse
Wirecard AG