Wirecard expands regional business partnership with Amway to boost its payment capabilities across Asia Pacific

Aschheim (Munich) (ots) -

- Amway is the world's No. 1 direct selling company
- Wirecard to extend digital payment services to Amway Thailand,
after implementing its financial commerce platform for Brunei,
Malaysia and Singapore and tripling the number of transactions in
those countries
- Customers to benefit from multiple payment options and a Unified
Commerce (https://www.youtube.com/watch?v=HySer7UKVEo) experience

Wirecard, the global innovation leader in digital financial
technology, today announces an expansion of a long-standing business
partnership with Amway, the world's No. 1 direct selling company as
rated by the Direct Selling News Global 100*, to provide digital
payment services to customers in Thailand. In 2017, Wirecard
successfully implemented its integrated financial commerce platform
across multiple locations throughout Asia Pacific, including Amway
Malaysia, Brunei and Singapore. Since the implementation, Amway has
more than tripled the number of transactions processed by Wirecard in
those three countries. Asia is the leading region for direct selling
worldwide with annual retail sales of over 85 billion US dollars.

Thanks to the extended partnership, Amway will now be able to
provide multiple payment options to their customers in Thailand.
Customers can select between credit, debit cards and alternative
payment methods, and pay for their online and point of sale (POS)
purchases using instalment plans. With more flexible payment options,
customers will thus be able to benefit from improved efficiency,
increased convenience and a Unified Commerce shopping experience.

"We are delighted to be deepening our business partnership with
Wirecard to drive our digital transformation efforts in Asia
Pacific," says Kittawat Ritteerawee, Managing Director, Amway
Thailand. "Thailand is one of the key focus markets in the region,
and our collaboration with Wirecard will enable us to leverage their
state-of-the-art payment technology and meet the changing needs of
today's consumers - who are increasingly demanding for quality
service and a seamless, personalized shopping experience."

Jeffry Ho, Regional Managing Director at Wirecard, said, "Our
expanded agreement is a testimony to the success of our initial
collaboration making us now the digital payment provider of choice
for Amway. We are very pleased to accompany Amway in their
digitalization story. Through our platform and the broad spectrum of
value-added services, we can establish a customer-oriented and
cross-channel approach and thus further increase customer
satisfaction. We will continue to expand our collaboration with Amway
to deliver a unified commerce shopping experience to even more
customers around the globe."

Amway Thailand has a single and consistent integration to
Wirecard's digital Financial Commerce Platform to benefit from the
full range of the payment ecosystem, including payment processing and
acquiring for online and POS transactions. Wirecard is also providing
a white label solution for Amway Thailand to customize their hosted
payment page for direct sellers.

*Published in the 2019 June edition of Direct Selling News, based
on 2018 revenue.

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.

About Amway Thailand:

Founded on May 4, 1987, Amway (Thailand) Limited is Thailand's
largest direct selling company in terms of sales, according to the
financial statement reported to the Department of Commercial
Registration, Ministry of Commerce, as of December 31, 2018.

The company currently has 330,000 Amway Business Owners (ABOs) who
are actively committed to doing business and renew their memberships
every year, and approximately 720,000 Amway Members nationwide who
also renew their memberships annually. Amway Thailand is a member of
the Thai Direct Selling Association (TDSA) and is currently
represented in TDSA as Secretary General. More information for the
media is available on our website www.amway.co.th, Amway Facebook
page www.facebook.com/amwaythailand.

Wirecard media contact:

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

Amway media contact:

VERVE Public Relations Consultancy
Anthira Damrueng (Kratai)
Tel. +66 (0)-2204-8201 or +66 (0)-83-087-1988

Pornchanan Yamarat (Gift)
Tel. +66 (0)-2204-8223 or +66 (0)-81-755-1105

Saruttaya Mahavarani (Oh)
Tel. +66 (0)-2204-8224 or +66 (0)-89-665-6819

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