Wirecard Continues Alipay Push with Merchant Deals
Wirecard has announced two partnerships this week to expand Alipay acceptance in Europe, one with Schustermann & Borenstein and another with Swarovski Crystal Worlds.
Wirecard
Wirecard Helps Austrian Federal Railways Go Digital
Austrian commuters with a sweet tooth may be able to save some money on their next train or bus fare thanks to Wirecard’s new digital voucher platform and a partnership between Austrian Federal Railways and Toffifee candymaker Storck.
Singtel Rolls out First Virtual Visa Card in Singapore with Wirecard
The most popular digital wallet in Singapore has rolled out the first virtual Visa card in the country thanks to a partnership between global technology group and 2017 Pay Awards Change Agent of the Year Wirecard and Singtel.
Wirecard, Gambio Launch GambioPay for E-Merchants
Wirecard is expanding its collaboration with shop system developer Gambio to launch GambioPay, which the companies say simplifies payments processing and cuts costs for online retailers.
Wirecard Opens European POS to Chinese Travelers with Tencent Deal
Wirecard and Tencent are working together to give European retailers access to more than 938 million active WeChat and Weixin users by enabling QR code payments at the POS.
Wirecard’s New POS Suite Offers Merchants Power of Data
Wirecard AG has launched a new POS service that integrates self-learning technology to help retailers increase customer conversion, reduce attrition rates, predict future consumer behavior and link points of sale with e-commerce.
Curve Hits 50-50 Milestones; Consumer Card to Come
Curve and its all-cards-in-one Curve Mastercard and accompanying banking app apparently has struck a chord with small businesses and freelancers. More than 50,000 SMEs have signed up for the London-based startup’s program, which recorded £50 million (US$63.3 million) in user spending since the beta period began last year.
Wirecard Lends Speed, Functionality to Partner VEON
Amsterdam-based mobile network operator and technology company VEON has partnered with Wirecard AG as part of a global payments and processing agreement. Wirecard, a Germany-based provider of global payments solutions, now manages third-party payments functionality and airtime top-up on VEON’s Internet platform, enabling customers to upload funds and update mobile payment accounts within seconds, according to an announcement.
Tate Takes Reins at NBPCA
Brian Tate has been named president and CEO of the NBPCA, replacing Brad Fauss, who in May stepped down from his role at the helm of the prepaid industry association to join Wirecard North America. Tate has served with the NBPCA since 2013 as vice president of government affairs, helping lead the organization’s legislative and regulatory policy agenda, including managing the federal political strategy and building relationships with policymakers on the national and state levels.
People on the Move: Brad Fauss, Wirecard North America
Brad Fauss is joining Wirecard North America as general counsel and vice president, compliance and governmental affairs. In his new role, he is responsible for managing the legal, compliance and governmental affairs functions for the North American business. Wirecard, a payments and commerce leader headquartered in Munich, finalized its acquisition of Citi Prepaid Services in March 2017, as part of its global expansion strategy.
Startup Enters Teen Market Touting Budgeting Tools, Parental Controls, Charitable Giving
Current, a startup comprised of a small team of New York-based fintech entrepreneurs, has launched a prepaid card program and mobile app for kids and parents that goes beyond dispensing allowances
Alipay Expands in North America with First Data Deal
The Alipay online payment platform operated by Ant Financial Services Group is moving further into North America through an agreement with payments technology provider First Data. Alipay is considered the world’s largest online and mobile payment platform, with more than 450 million global active users.
