As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.
There are few active contactless point-of-sale terminals yet in Germany, and most consumers who use cards, use debit, not credit. But hardware is in place for many more contactless terminals to become live this year. And German telcos and some other players are gearing up for commercial launches in 2013.