Feeds

Telefonica Germany starts bonking with friends

Slow steps towards making cash history

3 Big data security analytics techniques

Telefonica customers in Germany who have a Samsung NFC phone will be able to pay by bonk from next month as the operator starts "friendly user" testing as a prelude to national rollout.

Any customer with a Galaxy SIII or Ace 2 will be able to sign up, receiving a replacement SIM which can host an instance of the operator-owned mPass prepaid wallet, but the SIM has the capacity to hold instances of other credit and debit cards so represents a real step towards proper electronic wallets.

"Children will only know from history books what a wallet and hard cash are," said Telefonica Germany CEO René Schuster during the launch the product, which builds on the mPass-hosting stickers which have been around since October last year.

mPass is jointly owned by the operators Telefonica, Vodafone and Deutsche Telekom, so we should expect to see pre-paid offerings from the other two quite soon, but Telefonica is leading the pack even if this launch will only be open to those who volunteer and have the required hardware already.

Those users will get the SIM, and an updated version of the O2 Wallet application which already provides person-to-person transfers based on cloud-stored details, but the new version will allow pay-by-bonk in retailers - many of whom already have the necessary hardware. The increasingly ubiquitous vouchers will be added to the German product over the summer.

Vouchers are important as that's how the network operators intend to fund the whole thing. Card issuers will pay rent for space on the SIM, but revenue from vouchers is central to the business model, which is why the UK operators have banded together to create Weve (a cross-operator point of contact for advertisers).

The Weve model is likely to be copied elsewhere, not least thanks to Weve getting the EU to agree that such things are not anti-competitive, but for the moment the German operators will operate independently to bring bonking to the masses, and trying to make money from it too. ®

Top three mobile application threats

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
Turnbull gave NBN Co NO RULES to plan blackspot upgrades
NBN Co faces huge future Telstra bills and reduces fibre footprint
NBN Co plans fibre-to-the-basement blitz to beat cherry-pickers
Heading off at the pass operation given same priority as blackspot fixing
NBN Co in 'broadband kit we tested worked' STUNNER
Announcement of VDSL trial is not proof of concept for fibre-to-the-node
Google eyes business service in latest Fiber trials
Lucky Kansas City buggers to host yet another pilot program
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.