Magyar Telekom Launches Contactless Mobile Payment App

  • 27 Nov 2014 8:00 AM
Magyar Telekom Launches Contactless Mobile Payment App
Magyar Telekom launched on Wednesday a mobile payment application for near field communication-enabled smartphones. Magyar Telekom launched the app, dubbed “mobile wallet” in Hungarian, with partners OTP Bank, MasterCard, SuperShop and InterTicket.

The company expects Hungarians to have 1 million NFCenabled smartphones by the end of next year. Contactless payment is possible at more than 20,000 points of sale in Hungary.

Source www.hungarymatters.hu

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