MasterCard, Deutsche Telekom partner on mobile payments in Europe

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MasterCard, Deutsche Telekom partner on mobile payments in Europe
By Victoria Stilwell, Dow Jones Newswires Monday 02 July 2012
First consumer rollout of new partnership to take place in Poland later this year.
Credit card company MasterCard Inc. will partner with Deutsche Telekom AG to launch a mobile payment platform that allows customers to pay for goods and services with their cellphones. The partnership is designed increase mobile payments with Deutsche Telekom's 93 million mobile customers across Europe. MasterCard, Visa Inc. and American Express Co. ...<continues, see below>

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First consumer rollout of new partnership to take place in Poland later this year.