T-Mobile USA Launching Mobile Payments in 2012
Deutsche Telekom, corporate parent of T-Mobile USA, today announced plans to roll out mobile payment using NFC technology in multiple countries in 2011-2012, including the US. T-Mobile USA will roll out NFC starting in 2011, with a full payment system following in 2012 through its previously-announced ISIS joint venture with AT&T and Verizon. Deutsche Telekom announced that it expects NFC phones in 2011 from Apple, Samsung in Q2, and RIM & LG in Q3. The company expects mobile payments replacing cash to be the most popular use for NFC technology, followed by mobile ticketing for services such as public transportation. T-Mobile's Mobile Wallet will also support loyalty programs, such as supermarket discount cards, and sport multiple security features, including protection against phone theft or loss. On a global scale, the company will start mobile payment services in 2011 in Germany and Poland, with the US, Netherlands, and Czech Republic following in 2012.
from Deutsche Telekom
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