MasterCard makes mobile payments partnership with Deutsche Telekom

Mobile Commerce

New European platform will allow consumers to make purchases using their smartphones. MasterCard, the credit card giant, has announced that it is partnering with Deutsche Telekom, in order to launch a new platform for mobile payments that will allow consumers to complete shopping transactions using their smartphones and tablets. The companies hope that the partnership will make this process simpler for the 93 million customers that the telecom company has throughout Europe. Visa, American Express, and MasterCard are already marketing their own mobile payments services. Each of these digital wallets…

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