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Ecommerce

Wirecard expands collaboration with Brazilian company Natura

Thursday 12 July 2018 | 09:01 AM CET

Wirecard has announced that it is providing Natura, a Brazil-based cosmetic, perfumery and personal goods company, with its new digital finance features.

The new features offer technological insights for merchants within marketplaces, which in turn provide entrepreneurs with financial control. The upgraded version includes a range of features such as split payments, automatic refunds, bank account transfers, financial reconciliation and more.

Natura has more than 1.7 million consultants and is part of Natura & Co, a result of the combination of Natura, The Body Shop and Aesop brands. Brazil plays a major role in the direct sales segment, as it is responsible for 5% of global sales and ranks sixth in this segment overall. In 2017, the industry handled USD 45.2 billion with 4.1 million active entrepreneurs according to the Associação Brasileira de Empresas de Vendas Diretas.

Earlier in July 2018, Wirecard has partnered with Telenor, a Bulgaria-based telecommunication operator, to launch processing services and offer customers a new digital payment method. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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