German central banker calls for European payments network

Europe needs to get off the sidelines — Deutsche Bundesbank — “Here in Europe, we need to prevent a situation from arising in which American and Chinese payment systems are all we have left to choose between. Highly successful firms from the United States and China are looking to carve out a huge chunk of the European market. Hence the desire to forge a payments solution with a clear-cut European ‘brand’.”




German consumers warm to contactless payments

Consumer insights study on German consumers’ preferred payment methods — First Data — “Contrary to the traditional ‘cash being king’ mindset, our study reveals a definite shift in consumer preference to more convenient methods of payments… 42% believe contactless payments are more convenient… 54% of consumers believe cash will become obsolete in a few years, 52% prefer card payments… 61% agree that card payments will become increasingly available.”


German savings banks to offer Apple Pay ‘this year’

Volksbanken and Raiffeisenbanken want to support Apple Pay in 2019 — Heise Online (translation) — “Like the savings banks, the Volksbanks offer their customers their own app for contactless payment transactions in the retail sector. However, it is only available for Android because Apple has not released the NFC interface of the iPhone for such applications. The German savings banks had demanded that Apple should open its NFC functionality to banking apps as recently as the end of 2018, but have now dropped this requirement.”


German savings banks press Apple to open up its NFC chip

Mobile payment: Sparkassen wants iPhone NFC, but no Apple Pay — Heise Online (translation) — “Apple must open the NFC transmission standard to other payment services, the savings bank association has demanded… Sparkasse offers its own mobile payment app, which until now has only been available for Android devices due to Apple’s NFC blockade. ‘Ultimately, smartphone payments should be possible on all devices, without technical hurdles and restrictions, so that customers can easily choose the right solution for them,’ the association argues.”





Deutsche Bank unveils loyalty-first mobile wallet venture

Yunar's app in use

Deutsche Bank has launched Yunar, a wholly-owned subsidiary startup that is taking a loyalty-first approach to building out a fully featured mobile wallet by initially offering a simple way to manage up to 200 loyalty points schemes — and then gradually adding a range of mobile payments and banking services as adoption takes off... More



Alipay builds travel guide into mobile payments app

Alipay launches in-app guide for Germany’s Oktoberfest — Alizila — “Alipay said Friday it launched an in-app travel guide in Chinese for visitors to Munich’s Oktoberfest celebration and the city’s 211-year-old downtown Viktualienmarkt… The pilot service will offer ‘a wealth of information on the culture and history of both venues,’ including a map, a guide to individual stalls and products, information on German behavioural norms, like how to toast with a glass of beer and advice on when and where it’s OK to take photos. Users can also pay for what they buy through the Alipay app.”


German savings banks roll out NFC mobile payments to 45m debit card holders

Sparkassen launches mobile payments via smartphone — Deutscher Sparkassen- und Giroverband (translation) — “We have 45m girocards in circulation — and all of them can be used for mobile payments. This makes us a pioneer in Germany in terms of availability and distribution of a mobile payment solution,” says Helmut Schleweis, president of the German Savings Banks and Giro Association (DSGV). In Germany, around 75% of the card terminals are equipped with the corresponding interface for contactless payment, with millions of terminals available worldwide.”



300 German savings banks to roll out their own NFC mobile payments app at the end of July

Mobile payment: Sparkassen app to be available at the end of July — Heise Online (translation) — “A beta version is currently available in the Android Play Store. However, this only works with the accounts of selected savings banks whose employees and customers are putting the system through its paces. At the launch date at the end of July, around 300 savings banks will be there, a spokesman for the savings bank subsidiary S-Payment told Heise Online… Because the savings banks are following their own plans for mobile payment, their customers can not use their credit cards with Google Pay.”


See NFC World's full list of trials, pilots, tests and live services around the world...