Wirecard’s new retail payments platform enables retailers to integrate into their app open- and closed-loop contactless payments, peer-to-peer gifting, offers and merchant loyalty functionality.
Wirecard’s retail checkout platform integrates with a retailer’s existing loyalty programs and promotions and helps to enhance the in-store experience by providing information on loyalty and discount offers to consumers.
Wirecard’s retail payments development platform enables payments based on QR-code, as well as NFC technology using host card emulation (HCE) and secure elements (SE) on mobile phones and SIM cards. Payment transactions can be processed either via a retailer’s own closed-loop scheme or using open-loop payment networks such as Visa or MasterCard.
European retailers who want to launch a retail payment product accepted by more than a single retailer have the possibility to issue payment instruments via Wirecard Bank, a licensed financial institution.
In recent news, Wirecard has unveiled that it will support Apple Wallet once it launches in Europe in autumn 2015.
For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now