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Mobile Payment solutions market map for DACH-region
Reports and analysis about Mobile Payment

Banks, digital wallets, and the future of mobile payments
Today, mobile payments. Actually, digital wallets. This annotation is important because the analysis' centers around VR Bank HessenLand und Volksbank ...
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Recent news
- 18. January 2018: Birch raises $1 Million: Birch is an app which – based on your spending history – recommends you the credit cards with which you would reap the biggest rewards. Although Birch is not from the DACH-region, I have included it here because it points at an overall “re-unbundling of payment”. Similarly to how FinTechs – after unbundling traditional banks – are slowly starting to re-unbundle (see ING-DiBa, N26, revolut: fairly good incumbents and FinTech re-unbundling ) again, we can observe a similar situation with mobile and digital wallets. Mobile payment apps (see Banks, digital wallets, and the future of mobile payments for an overview of different mobile payment apps) are similarly bundling different payment methods into one app. And in this bundling, the reduction of friction (e.g. choosing cards that yield the biggest rewards, automatic redemption of vouchers…) will play an important role. Finally, in regards to “money” in general, I see Birch as another step into the move away from “money” to “financial management”. Birch, with its “reward-optimization” fits nicely into this theme. (Source: TechCrunch)
- 18. January 2018: MotionTag, among other things creating a “seamless” (i. e. zone-agnostic) ticket for public transportation. This makes them better than existing analog solutions. And, as for Digital Wallets to take it is required that they perform better than existing wallets MotionTag is an interesting examples for their adoption.
- 15. January 2018: According to etailment.de loyalty programs are “booming”. Although the magazine doesn’t specify what they mean by “booming” and although these cards are not necessarily used for paying, in the context of Mobile Payment & Digital Wallets an apparently increasing interesting in loyalty cards it is interesting news nonetheless; increasing amount of loyalty programs leads to fuller wallets and increased mental capacity: Each additional cards means an additionally heavier wallet and a more complex purchase process (i.e. choosing the right card). A virtualization of such cards could a) allow for automatic redemption of the right card b) make distribution of such cards easier c) make the wallet smaller. (Source etailment)
Mobile Payment solutions overview for DACH-region
Link to full table: Mobile Payment Solutions Overview DACH
Name
|
Description
|
Status
|
---|---|---|
Amazon Pay | Active | |
Android pay | Active | |
Apple Pay | Active | |
avuba | Inactive | |
Blue CODE | QR code based digital wallet and mobile payment app | Active |
boon | Mobile payment app, either with pre-loaded money or credit card integration | Active |
Cashcloud | App for online/offline/P2P pre-paid payments app with virtual token (can be exchanged for money) and rewards/special deals. Comes with a credit card and uses an NFC sticker. makes paying extremely emotional (https://www.youtube.com/watch?v=l9V_J6Cw55U) and interactive (Cashcloud-specific coins can be earned by completing campaigns: https://www.cashcloud.com/de/cashcredits.html) | Active |
Clickanbuy | Inactive | |
Cringle | Active | |
Fidorpay | Active | |
GO4Q | tbd | Active |
Google Wallet | Active | |
iPAYst | Inactive | |
kesh | Inactive | |
Laterpay | Active | |
MasterPass | Active | |
millipay | Inactive | |
mpass | NFC sticker based mobile payment app with campaigns | Inactive |
mpax | Inactive | |
MUUME | Several financial solutions, focused on shopping&buying | Active |
NETELLER | Active | |
paij | Seems inactive (website offline) | |
PayCash | Several financial solutions, such as mobile paymet | Active |
paydirekt | Active | |
Payfriendz | Active | |
Paymey | Crowdfunded payment solution for P2P payments, PoS, and online | Inactive |
PayPal | Active | |
PEY | Active | |
BankCard Mobil | Stand-alone mobile payment app | Active |
POSTPAY | Active | |
RubeanPay | Active | |
Samsung pay | Active | |
SECUPAY | Active | |
SEQR | Payment solution that offers online and offline payments, among others. No merchants listed yet | Active |
Skrill | Acquired | |
Deutsche Bank | Mobile payment as part of Deutsche Bank's mobile banking, acceptance depends on Mastercard's acceptance points | Active |
SQWallet | Inactive | |
MyWallet (by Telekom) | Mobile payment app developed by T-Mobile, supported also tickets and "Customer cards" | Inactive |
girocard mobile | Stand-alone mobile payment app | Active |
girogo | Active | |
V.me by Visa | Active | |
Vodafone Smartpass | Payments app, can be used for payments within apps (three apps available) money will be deducted from phone bill, has vouchers, can be used to purchase parking tickets and as car keys | Active |
YAPITAL | QR based payment app, developed by Otto | Inactive |
Postbank wallet | DB's subsidiary, mobile payment as part of their Postbank Finanzassistent app | Active |
Targobank Bezahlchip | Active | |
TWINT | Mobile payment app, with rewards, coupons and collection of stamps | Active |
Mercedes pay | Payment provider for Merceds, acquired and previously called PayCash | Active |
Barclay PayTag | Active | |
bPay | Active | |
Payback Pay | Loyalty programms apps that has added payment functionality | Active |
Netto | Netto's dedicated app with payment functionality | Active |
Ali Pay | Active | |
Edeka | Edeka's dedicated app with payment functionality | Active |
VR Bank HessenLand und Volksbank Mittelhessen | Mobile payment as part of their banking app | Active (but pilot) |