Digital payments firm to 'guarantee quality and security' for cards and m-wallets.
Last month, Deutsche Telekom announced work on a MasterCard PayPass platform comprising NFC cards and mobile phone tags, with the tools gradually rolling out to the operator's 93 million strong European subscribers.
Deutsche Telekom has now partnered Wirecard to provide security and reliability to payments across both the MasterCard offering and the forthcoming DT mobile wallet, set for a 2013 release.
Peter Vesco, senior VP, business unit payment, Deutsche Telekom, said: "With the technical implementation of online, store-based and mobile payment in the safe and experienced hands of specialist Wirecard, we can concentrate on our core business."
Markus Braun, CEO, Wirecard, said:"We are delighted that Deutsche Telekom has opted for a long-term partnership with us. As a technical services provider, we are in an ideal position to provide the necessary processes, such as real-time card creation, payment processing and other additional services for mobile payment.