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German savings banks to roll out mobile payments in 2018

G+D Mobile Security enables the German savings banks finance group to provide mobile payment for their member banks — Giesecke & Devrient — “Prior to the commercial launch next year, a mobile payment pilot program with ten issuing savings banks went live in September. With this pilot, the savings banks will test the functionality, operations and user experience of the end-to-end mobile payment solution. In the nationwide commercial phase, Girocard mobile (Girocard is the most used payment card in Germany) and other schemes will be supported.”