JochenSiegert

JochenSiegert



Latest Articles by JochenSiegert

Mobile wallet hype in Germany’s payments industry – more losers than winners

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...

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