Deutsche Bank launches new mobile payment app
Deutsche Bank has launched a new mobile payment app for Android devices.
The app uses near-field communication (NFC) and host card emulation (HCE) technology to enable contactless payments.
Michael Koch, head of digital factory and head of online/mobile banking at Deutsche Bank, says the bank is the first in Germany with a “simple mobile payment” offering.
“It’s not about talking. It’s not about a PowerPoint presentation. It’s not about click-dummies,” Koch states in a LinkedIn post.
“It’s about delivering real solutions for our customers.”
