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Mozido powers Deutsche Telekom's new mobile wallet

MyWallet 2.0 enables consumers to pay merchants using their NFC smartphones with credit and debit cards registered in the app.

Mozido, a global provider of digital payment and commerce products, Thursday announced that Telekom Germany is launching Deutsche Telekom AG's MyWallet 2.0, its new generation mobile wallet, which will include mobile payments, advertising and loyalty. 

Mozido said in a press release that MyWallet 2.0 enables consumers to pay merchants using their NFC smartphones with credit and debit cards registered in the MyWallet app. Mozido's SaaS platform enables MyWallet 2.0 customers to participate in customer engagement campaigns, redeem offers and manage virtual digital loyalty cards directly from their smartphones.

"We are excited to have been selected by Deutsche Telekom, one of the largest mobile network operators to provide advertising and loyalty services," said Michael Liberty, founder of Mozido. "The MyWallet suite of services leverages the latest digital wallet technology, allowing subscribers access to today’s most popular mobile payment features and reinforces our leadership in deploying customer engagement solutions worldwide."