Mobile Payment: The provider Overview of

Since June 2018 is Google Pay finally available in Germany. You can pay at any checkout, which supports NFC method. It is expected that the supported banks, and shops will be extended with the time.

• The following transactions can you with Google Pay pay: Adidas, Aldi Nord, Aldi Süd, Hornbach, Kaufland, Lidl, McDonald's, Media Markt and Saturn.
• With the application of Google, you can also shop on the following sites: Adidas, Asos, Deliveroo, hotel tonight, Ryanair, Flixbux, ShareTheMeal.
• Currently, you can with the App only have to pay when you an account at the comdirect , or Commerzbank have. An online account with N26 is also supported as the Bezahlapp boon. In brief supports the LBBW Bank and the Online payment service Revolut.
• Use PayPal, Google Pay, the App is not currently announced. Due to the close cooperation in the United States, it is expected that this will also be in Germany in time.
• In your virtual wallet, it would be possible for your customers to store loyalty cards.

If your Bank is not yet supported by Google Pay, but now with the App, want to pay, you could connect your Bank account with an Online service as Boon or DiPocket.

• Boon.Pay is only intended as a bridge between your current account and Google Pay and is not a replacement for your Bank account. In practice, it looks like that you have to pay with Google Pay at the cash register, the money will be your Boon.Pay account credited, which feeds in turn the money from your checking account. Careful: The use of Boon.Pay is the only cost in the first 3 months, then the service costs 1.49 Euro per month.
• DiPocket you could pull rather than a complete replacement for your current account into consideration. The creation of two virtual cards for free, if you wish, you can also have a physical credit card to send home. The service works as a Prepaid credit card: Either you let your funds directly to that card transfer, or you must yourself Ensure that the virtual card has enough balance before you want to pay.

With Payback earn points and discounts save. For a while already you can with the Payback Pay in your purchases at the same time pay and Payback to collect points.

• To be able to Payback the Pay pay, you need to put your Bank account information and your address in the App or on the website. Currently, there is a connection with your credit card or your PayPal account, unfortunately, is not possible.
• In addition, you must choose a personal PIN or your fingerprint to store. This is necessary to give the payment at all free.
• As soon as you unlock with your PIN or your fingerprint Payback Pay, you can pay either with the QR Code, via NFC contactless.
• At this time there are nine partners, of which the payment by Payback Pay support: ARAL petrol stations, dm, Galeria Kaufhof, real, REWE, Alnatura, PENNY, TeeGschwendner, and Thalia.de.

While in other European countries, and especially in the United States and Asia, Mobile Payment and more coming in is to give the individual provider in Germany - Vodafone Wallet, mPass, etc. is now set. With the release of Google's Pay on the German market, some banks could not develop their own Alternative, confirmed this but still. In the next article you can learn how the Pay with Mobile Wallet works.