JochenSiegert
Latest Articles by JochenSiegert
Mobile wallet hype in Germany’s payments industry – more losers than winners
March 11, 2014, by JochenSiegert
Do you remember the dotcom bubble at the turn of the millennium? Even back then, German consumers were able to make payments with their mobile phones. A start-up called Paybox enabled mobile payment transactions that leveraged the German domestic debit system to settle transactions on consumers' current accounts. All a consumer had to do was add their bank account details as a funding source to the Paybox system... Read More
