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Mobile Payment Technology Offered In Europe This Year

Mobile Payment Technology Offered In Europe This Year

German Telecommunications giant Deutsche Telekom has announced that the company plans on bringing mobile payment technology to its customers this year.

The move, which was revealed at the Mobile World Congress in Barcelona, will see Deutsche Telekom customers in Germany and Poland being offered the chance to make payments by passing their phone over a payment terminal. In other words using their mobiles much like a wallet or credit card.

It is expected that customers in the United States, the Netherlands, and the Czech Republic will get the mobile payment service in 2012.

In order to make use of the mobile payments service, customers will have to carry mobile devices that come fitted with a near-fields communications chip which sends data wirelessly over short distances.

At present the Google Nexus S smartphone comes with an NFC chip along with just a few others. Deutsche Telekom, which is T-Mobile USA's parent company, expects other phone makers to offer the feature and come on board this year.

According to PhoneScoop, the telecom firm expects Apple to announce an NFC enabled device this year while Samsung is expected to release one in the second quarter. LG and Research in Motion are expected to follow suite in the third quarter.


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