News from the Wire

Mozido selected by Deutsche Telekom to enable MyWallet

Thursday, November 05, 2015 — 11:11:49 (EST)

Austin, Texas, Nov. 5, 2015 -- Mozido, a global provider of trusted digital payment and commerce solutions, today announced that Telekom Germany is launching Deutsche Telekom AG’s (DTAG) MyWallet 2.0, its new generation mobile wallet, that will include mobile payments, advertising and loyalty.

MyWallet 2.0 allows consumers to securely and conveniently pay merchants using their NFC smart phones 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.

Mozido’s platform eases the aggregation and issuance of content such as couponing, loyalty, and advertising campaigns, while offering a simple and secure path for payment in mobile wallet apps using Mozido’s Software Development Kit (SDK). It integrates onboard value add service provider offerings and is available globally to leading merchants, mobile network operators, ticketing service providers, and financial institutions to enable NFC and non-NFC payment services. The services are available globally as secure and cost-effective cloud-based services.

“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.”

About Mozido

Mozido provides trusted digital payment and commerce solutions globally delivered as cost-effective cloud-based solutions branded for clients. Highly interoperable, Mozido solutions work with virtually any wireless carrier and mobile device, and integrate easily with ads, offers, and other products from third parties. Mozido’s worldwide presence and global offerings include operations in the US, China, India, Africa, Middle East, Europe and Latin America, enabling people to manage their money, payments and other services from their mobile phones. For more information, visit us at mozido.com . Follow us on Twitter: @Mozido.

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release.