Wirecard provides payments acceptance services for all 25 Gong Cha stores in Singapore and supports the bubble tea retailer in its expansion across the island.
The bubble tea industry is growing at a fast pace, not only in Singapore but also on a global level. According to Allied Market Research, the global bubble tea market was valued at EUR 1.7 billion in 2016, with that figure projected to reach EUR 2.8 billion by 2023. The Asia-Pacific and North American markets alone account for more than 83% of the global bubble tea industry, in terms of value.
All Gong Cha stores in Singapore use Wirecard’s payments acceptance services at their POS, including at the cashless kiosks. Deployed in cooperation with Wirecard, the cashless kiosks offer both customers and the retailer a number of benefits, including a reduction in queuing times and a faster checkout.
With Wirecard’s payment technology, Gong Cha customers can pay for their purchases using their EZ-Link card, one of Singapore’s most widely used contactless payment solutions for public transport, retail, and government services. 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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