Fossil Group and Wirecard enter collaboration to support Chinese mobile payment methods

Aschheim (Munich) (ots) -

- Fossil leverages on Wirecard's ePOS ecosystem and integrates
international payment methods in more than 150 stores, in 11 European
countries
- Popular Chinese mobile payment platforms, such as Alipay, will be
accepted forms of payment in stores

The leading global innovation driver in digital financial
technology, Wirecard, is now supporting Fossil Group in integrating
the most popular Chinese payment methods, including Alipay, into more
than 150 stores across Europe. The integration will take place in
stores in 11 European countries, including Germany, Italy and the UK.
As a result of the use of Wirecard's platform, Fossil stores can
accept the most widely-used Chinese payments methods, further
expanding their payment acceptance portfolio. Chinese tourists in
Europe will benefit greatly from this cooperation, as they can now
pay for their Fossil purchases using their favorite payment methods.

Fossil Group, a well-known American company specializing in
lifestyle accessories, is one of many global brands taking advantage
of Wirecard's convenient ePOS solution. Retailers only need to
download the Wirecard ePOS app on mobile devices located in-store,
such as iPads, which then serve as mobile cash registers. The
solution will be offered in Fossil-owned stores, as well as outlet
and airport stores. For merchants, accepting Chinese mobile payment
forms is a wise investment. In a recent survey conducted by Nielsen
and Alipay, it was found that in their last overseas trip, 65% of
Chinese tourists had paid for their expenses via mobile payment.
Tourists benefit from the cooperation by being able to pay with a
familiar and convenient payment method when travelling abroad.

Christian Reindl, Executive Vice President Sales, Consumer Goods,
at Wirecard added, "Enabling such a global and recognizable company
such as Fossil Group to leverage on our ecosystem has been a
pleasure. We are looking forward to supporting Fossil stores across
Europe with our simple and convenient POS solution, and catering to
Alipay users who can now complete a purchase with fully digital
payments."

Not only does Wirecard's solution offer end customers the
possibility to pay for purchases via the Alipay app, but also to
benefit from in-app marketing campaigns. By including Fossil Group
stores in the Alipay app store front, consumers will be shown coupons
and discounts offered at Fossil stores in their vicinity.

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.

Contact:
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