Wirecard brings its platform services around digital financial technology to Australia and New Zealand

Aschheim (Munich)/Sydney (ots) -

- Wirecard is now offering omnichannel solutions in Australia and
e-commerce services in New Zealand
- Wirecard is leveraging on the accelerated growth in the
digitization of payments in this region

Wirecard, the global innovation leader for digital financial
technology, today announced its platform expansion in Australia and
New Zealand. The Wirecard platform is now available in New Zealand
for e-commerce services and Australia for omnichannel solutions. With
this expansion, Wirecard is extending its ecosystem of real-time
value added services around innovative digital payments in Oceania.

This leverages on the global Wirecard strategy of digitizing
payments worldwide as Australia is leading innovation in areas such
as contactless payments, bill payments, digital commerce, and
point-of-sale applications, and the market is ready to make the next
transformation. Research and Markets found out that the Australian
payment mix is shifting heavily toward electronic payments. Consumers
are continuing to switch to electronic payment methods from
paper-based methods - like cash and checks - for their purchases. The
dominant payment method in Australia is cards: more than 50% of
consumer payments in 2016 were made with cards. The rapidly
increasing use of contactless card payments, the development of new
digital cash substitutes, such as mobile P2P payments, and the high
adoption rate of smartphones (89% in 2016) position Australia as a
strong candidate for a cashless society.

It is the same situation in New Zealand: Online spending in New
Zealand is on the rise and more than a quarter of citizens prefer to
shop on the web. Online spending in New Zealand is now worth NZ$4.2
billion annually, up from NZ$3.9 billion the same time a year
earlier, with retailers making more effort to combine their selling
points on one single platform.

Daniel Vukovac, General Manager Merchant Business Solutions
Australia at Wirecard, commented: "Wirecard has been successfully
doing business in Australia for quite a few years, winning some major
clients. The latest omnichannel expansion in this region marks
another important step to offer our services globally to as many
merchants as possible - through digitizing payment processes and
making transactions seamless for end-consumers. We are looking
forward to further reducing the usage of cash worldwide and offering
customers the benefits of truly digital payment solutions."

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.

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

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