Wirecard wins TAV Operation Services as a new client for Alipay payments in airport lounges worldwide

Aschheim (Munich). (ots) -

- Chinese tourists can pay with Alipay for access to TAV "primeclass"
lounges, the world's leading common airport lounge brand
- TAV Operation Services operates 57 lounges in 30 airports in 19
countries worldwide

Wirecard, the global innovation leader in digital financial
technology, today announced it has extended its successful
partnership with Alipay to support TAV Airports subsidiary TAV
Operation Services Co. Present in 18 airports in three continents,
TAV Airports is one of the market leaders in airport operations,
having provided services to 836,000 flights and 115 million
passengers in 2017.

Alipay, one of the most popular payment methods in China, will be
offered as a payment method in "primeclass" lounges operated by TAV
Operation Services in Frankfurt, Copenhagen and Zurich airports
initially. TAV Operation Services operates 57 lounges in 30 airports
in 19 countries worldwide. After the initial launch, TAV will expand
the service offering via Wirecard's platform and also make it
available more widely including in airports in the United States and
Middle East.

In addition, Wirecard will support TAV Operation Services in
marketing activities with Alipay, such as hosting in-app coupons and
discounts, offering even greater value to Chinese travelers. Within
the framework of this collaboration, Wirecard will provide acceptance
and assume responsibility for transaction processing through its ePOS
App. Using this easy-to-install solution, retailers can quickly
access popular international payment options and value-added
services.

A 2017 study by Nielsen and Alipay found that a single Chinese
tourist in Europe will spend on average EUR 3,250 during their trip.
The same study found that 91% of Chinese tourists would be more
willing to spend and shop abroad if more merchants accepted Chinese
mobile payment brands. By paying with Alipay, travelers no longer
need to worry about exchanging currency or whether their Chinese
credit card is accepted by local merchants.

Ali Bora Isbulan, General Manager of TAV Operation Services,
stated: "As a worldwide airport hospitality group, we find it
essential to offer our customers the best possible service. Since we
give high importance to the Chinese market, we have partnered with
Wirecard and Alipay to enable our guests to pay in a way that is
convenient and familiar to them. We are happy to announce this
collaboration and look forward to allowing guests even smoother and
quicker payment possibilities at our airports."

Jan Rübel, Head of Sales Travel & Transport, Wirecard, said:
"Offering our Alipay solution to TAV Operation Services, and thereby
reaching thousands of travelers, is an exciting opportunity for us.
Chinese travelers represent an important target group for merchants
worldwide. We are proud and eager to continue in our aim of
digitizing payment processes around the globe."

For further information on Wirecard's digital payment solutions,
visit us at Money20/20, the global FinTech event, in Las Vegas from
21 to 24 October 2018 on our stand no. 1843.

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce. We provide both business
customers and consumers with a constantly expanding ecosystem of
real-time value-added services built around innovative digital
payments by using an integrated B2B2C approach. This ecosystem
concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate
enhancement in all sales channels (online, mobile, ePOS). Wirecard
operates regulated financial institutions in several key markets,
holds issuing and acquiring licenses from all major payment and card
networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX
and TecDAX, ISIN DE0007472060). Visit us on www.wirecard.com, follow
us on Twitter @wirecard and on Facebook @wirecardgroup.

About TAV Airports:

TAV Airports maintains its leading position in the airport
operations sector in Turkey. TAV Airports operates Istanbul Ataturk,
Antalya, Ankara Esenboga, Izmir Adnan Menderes, Gazipasa Alanya,
Milas Bodrum and Antalya Airports in Turkey as well as Tbilisi and
Batumi Airports in Georgia, Monastir and Enfidha-Hamammet Airports in
Tunisia, Skopje and Ohrid Airports in Macedonia, Medinah Airport in
Saudi Arabia and Zagreb Airport in Croatia. TAV Airports is also
active in other areas of airport operations including duty free, food
and beverage, ground handling, IT, security and operation services.
Within the same context, TAV Airports also operates duty free, food
and beverage and other commercial areas at Riga Airport in Latvia.
Together with its subsidiaries, the Company provided services to
836,000 flights and 115 million passengers in 2017.

Contact:
Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.: +49 (0) 89 4424 1363
Email: jana.tilz@wirecard.com

TAV Airports media contact:
TAV Havalimanlar? Holding
Erhan Üstünda?
Tel.: +90 212 463 30 00
Email: press@tav.aero

Original-Content von: Wirecard AG, übermittelt durch news aktuell