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Online Payments

Wirecard brings its platform services to Australia, New Zealand

Monday 5 November 2018 | 02:54 PM CET

Wirecard has announced its platform expansion in Australia and New Zealand, the platform being available in New Zealand for ecommerce services and Australia for omnichannel solutions.

This leverages on the global Wirecard strategy of digitising payments worldwide. According to the press release, Research and Markets found out that the Australian payment mix is shifting heavily toward electronic payments. Consumers are continuing to switch to electronic payment methods from paper-based methods – like cash and checks – for their purchases. The dominant payment method in Australia is cards: more than 50% of consumer payments in 2016 were made with cards.

In New Zealand, online spending is on the rise and more than a quarter of citizens prefer to shop on the web. Online spending in New Zealand is worth NZD 4.2 billion annually, up from NZD 3.9 billion in 2017, with retailers making more effort to combine their selling points on one single platform.

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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