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ASCHHEIM, Germany and BUCHAREST, Romania, October 4, 2018 /PRNewswire/ —

Wirecard, the all-around baton in agenda accounts innovation, appear today that it active an addendum of the cardinal affiliation acceding with Visa aimed at developing tokenized adaptable payments in Romania.

The affiliation allows Wirecard to undertake commercialization efforts in Romania for Visa Agenda Business App (VDCA). The Visa Agenda Business App is a white-label agenda wallet allowance banks and added agenda issuers to action adaptable contactless acquittal solutions forth with amount added casework such as alms agenda controls, adaptable breadth confirmation, biking and annual antithesis notifications, and a transaction history to end consumers while extenuative time and money developing their own applications.

Wirecard, additionally became the aboriginal payments processor in Romania that auspiciously completed the accepting for Visa Token Account (VTS) – a technology that replaces acute cardholder advice with a different agenda identifier, appropriately enabling accessible and defended contactless acquittal with basic cards as cardholder advice is never aggregate with third parties.

“In today’s world, payments charge be quick, safe, simple and omnichannel. Switching from archetypal cards to adaptable acquittal occurs at a aerial pace, both globally and in Romania. The VDCA band-aid that Visa and Wirecard offers to the Romanian bazaar is a absolute acknowledgment to this trend and we are captivated to digitize processes together. The band-aid is accessible to accommodate into acquittal ecosystems, VDCA is a able apparatus for banks and added agenda issuers, that get their audience to the aing akin in agreement of assurance and accessibility for payments,” declared Utku Ogrendil, Managing Director of Wirecard Romania.

“Visa and Wirecard already acquire a clue almanac of accommodating on avant-garde agenda cyberbanking solutions in Europe and now we are admiring to advertise a affiliation that will account our Romanian cardholders. As the axiological about-face from artificial to agenda is accelerating, Visa’s access is to accredit our audience and ally to actualize and arrange new business adventures that seamlessly absorb defended agenda payments with the aforementioned akin of reliability, interoperability and security. The tokenization service, allows cardholders to use their phones to pay calmly and deeply at millions of merchants that acquire contactless payments beyond the globe. We accept tokenization will be a key basic in the approaching of agenda payments and we are animated to accomplice with Wirecard to action our Romanian barter a new acceptable and safe way for their adaptable payments,” declared Catalin Cretu, General Manager for Romania, Croatia, Slovenia and Malta, Visa.

Contactless, which is the basal technology abaft adaptable payments, has rapidly broadcast in Romania in contempo years, witnessing the accomplished advance amount anytime recorded for any agenda product. Contactless has been the capital agent of cyberbanking payments advance in Romania in the accomplished three years. While Romania progressed rapidly to be amid the top 10 markets globally in agreement of contactless penetration, the amplification of the accepting network, as able-bodied as the cogent access in the cardinal of contactless enabled cards and contempo launches of NFC adaptable wallet solutions acquire been key pillars acknowledging this progress.

Visa’s Agenda Business App, which will be commercialized by Wirecard to aggrandize adaptable payments in Romania, is a Visa-hosted white-label agenda wallet allowance issuers of all sizes to about-face from artificial to agenda payments, while sparing them the efforts to advance their own agenda wallets.

About Wirecard:  

Wirecard (GER: WDI) is one of the world’s fastest growing agenda platforms in the breadth of cyberbanking commerce. We accommodate both business barter and consumers with a consistently accretion ecosystem of real-time value-added casework congenital about avant-garde agenda payments by application an chip B2B2C approach. This ecosystem concentrates on the areas acquittal & risk, retail & transaction banking, adherence & couponing, abstracts analytics & about-face amount accessory in all sales channels (online, mobile, ePOS). Wirecard operates adapted cyberbanking institutions in several key markets, holds arising and accepting licenses from all above acquittal and agenda networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX and TecDAX) (ISIN: DE0007472060). Visit us on https://www.wirecard.com , chase us on Twitter @wirecard and on Facebook @wirecardgroup.

Wirecard media contact:Wirecard AGJana TilzTel.: 49(0)89-4424-1363Email: [email protected]

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