The account you hold with Telekom Payments through the Magenta Pay app functions like any other bank account with an IBAN. You can receive money transfers from your family and friends directly into your Magenta Pay account, in euros. While Magenta Pay is a payment account and not a payroll account, you can ask your employer to pay your salary normally into your Magenta Pay IBAN!
Also, make sure to take into account the maximum permitted transaction limits and the available balance in Magenta Pay.