Wirecard expands digital payment services within Nordic retail market with multiple new customers

Aschheim (Munich) (ots) -

- Recently signed clients for China payment acceptance include
fashion and jewelry brands, and designer furniture retailers
- Wirecard provides a comprehensive digital financial technology
platform for retailers, enabling unified commerce and an enhanced
customer experience

Wirecard, the global innovation leader for digital financial
technology, has announced the expansion of its digital payment
services within the Nordic retail market. Thanks to Wirecard, major
retailers in the region - including Nymans Ur, Royal Design,
Svenssons i Lammhult, Rizzo and Accent - have recently integrated the
acceptance of Chinese payment methods at the Point-of-Sale, further
strengthening Wirecard's position as a leader in global digital
payments for the retail industry.

The significant customer wins come at a time of increasing inbound
tourism from China to the Nordic region: according to travel service
provider Ctrip - which has been working with Wirecard since the
beginning of 2019 - the number of visitors from China to Nordic
countries in 2018 increased by 82 percent compared to the previous
year. Accepting Chinese mobile payment apps is a wise choice for
retailers seeking to attract this affluent target group, as doing so
can increase sales for merchants. A 2019 Nielsen study found that 93%
of Chinese tourists would probably spend more in a store that
accepted mobile payment.

Fredrik Neumann, VP Sales Retail at Wirecard commented, "The
retail industry is leading the way when it comes to enhancing the
customer journey. Payment will always be a part of retail, but
Wirecard's solutions extend far beyond that. Offering shoppers a
smooth and efficient journey, from the moment they enter the shop, be
it in-store or online or even both, to the moment they check out and
receive their purchases, is at the core of our retail solutions. We
are excited to be expanding our solutions across the Nordic market
and look forward to onboarding even more merchants."

Integration of Chinese payment methods is only a part of
Wirecard's digital financial commerce service offering. By leveraging
the full scope of the Wirecard platform, retailers can give their
customers a seamless, unified purchasing experience across all sales
channels and touchpoints. Wirecard enables merchants to meet current
and future customer expectations, meaning they can accept and process
payments regardless of where the customer is located, how they choose
to pay, and where they prefer to receive or collect their purchases,
supplemented with value-added services such as loyalty programs and
analytics.

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 and
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