cashcloud AG: Good Prospects for the Mobile Payment Market 2015

LUXEMBOURG, March 2, 2015 /PRNewswire/ --

• More acceptance points: MasterCard terminals now equipped with NFC technology 
• Cashcloud Managing Director Olaf Taupitz: "Still a lot to catch up with in Germany" 

The mobile payment market in Germany is growing. One of the reasons for this is the improvement of the technical requirements for mobile payment in the field of commerce. Since the beginning of the year all MasterCard terminals are being equipped with NFC (Near Field Communication) technology creating ever more acceptance points. "The Mobile Payment topic is really on the rise now, as the implementation of Apple Pay in the USA has set the technological standards for the NFC technology. This year we are expecting notable further developments. However we have still a lot to catch up with, especially in the German market, compared to the international market," says Olaf Taupitz, Managing Director of the cashcloud AG company based in Luxembourg.

Also public discussions on the subject of mobile payment are becoming more and more intense: experts exchange ideas about the payment methods of the future at more conferences and events. At the BITKOM panel discussion at the CeBIT fair on the 17.03. Managing Director of cashcloud Olaf Taupitz will be present, among other guests. These constant exchanges serve the further development of mobile payment in Germany - the purpose is to give everyone as soon as possible the opportunity of contactless payments using their mobile phone.

About cashcloud  

Cashclouds developed a unique mobile eWallet application for Apple iOS and Google Android which enables users to settle their payments in an easy, simple and mobile way.

More information at http://www.cashcloud.com

Contact Cashcloud:
Olaf Taupitz
olaf.taupitz@cashcloud.com

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