Wirecard and Verifone join forces to grow payments business in Asia
The five-year agreement combines Wirecard software and Verifone devices, with Indonesia as the first target market.
The strategic alliance will see the Indonesian subsidiary of Wirecard, PT Prima Vista Solusi, collaborating with the local operations of Verifone.
Steve Aliferis, president of Verifone Asia Pacific, says that the company is now establishing “a local team and permanent presence” in the country.
Why Indonesia? “As the world’s fourth most populous country, Indonesia is considered one of the largest and fastest growing markets for payment solutions according to analysts,” the companies explain.
Wirecard will act as a strategic development partner to Verifone, providing software platforms for payment acceptance and processing that run on Verifone terminals, explains Rudy Khowara, managing director of Wirecard Global Point-Of-Sales.
“Furthermore, unique segment-specific features will be created through collaboration with our extended ecosystem of clients and partners.”