View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Dashboards
  2. Deals
February 25, 2013updated 04 Apr 2017 4:12pm

Vodafone introduces mobile payment service with Wirecard

Vodafone has partnered with German-based payment service provider Wirecard AG to introduce a mobile payment service.

By Kitty Dann

Vodafone has partnered with German-based payment service provider Wirecard AG to introduce a mobile payment service.

According to Wirecard, the partnership will be "based on the creation, implementation and operation of all technical mobile payment processes as well as issuing virtual and physical co-branded Visa cards."

Christian Wirtz, Vodafone group director, mCommerce, said: "Wirecard is a highly competent technology partner to implement our mobile payment service."

He added: "We want to use our mobile wallet to offer customers contactless payments using their smartphones.

"We also attach great value to innovation for both our mobile offering and also for additional value-added services."

Markus Braun, Wirecard AG’s chief executive, said: "Telecommunications providers will become part of the payment process with mobile wallets. They will thus become key drivers in a paradigm shift through to a cash-free society."

Wirecard said in a statement that the Vodafone payment service will be rolled out internationally from this year.

Related articles:

EU approves Vodafone, Telefónica and Everything Everywhere e-wallet joint venture

Wirecard provides myTaxi with mobile card readers

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International