Table of Contents
Payment Service Provider Wirecard Varies Alternative Online Payment Offerings by Region and Country
Wirecard is a Germany-based payment service provider offering payment systems, risk management and banking solutions. It offers payment processing based on Internet technologies for online, mobile and point-of-sale channels, as well as payment card issuing. Wirecard has connections to more than 200 international payment networks and supports 120 transaction currencies. The last two years have been marked by stable double-digit growth of the company’s revenue. The payment processing and risk management segment, which is responsible for all electronic payment processing including online payments, accounted for the largest share of this revenue.
In late 2014 and early 2015, Wirecard followed an expansion strategy through a number of acquisitions and partnerships. For example, it acquired Turkish payment company Mikro Ödeme, a provider of mobile payment via SMS and other services to digital businesses. In its home market, Germany, Wirecard partnered with telecommunications company Drillisch for the provision of the host card emulation mobile payment.
Wirecard supports card as well as alternative payment methods of online payment. Across all regions of operations, major credit and debit cards are accepted. Alternative methods vary by country and region and include international as well as local methods. For example, in Latin America, in addition to worldwide alternative methods such as PayPal and Skrill wallet, local methods Boleto Bancario and Mercado Pago are supported.
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Global Mobile Payment Technologies Market: Overview This report provides an analysis of the global mobile payment technologies market for the period from 2014 to 2024, wherein the period from 2016 to 2024 ...
“Reduction in queuing & transaction time and increased convenience in making low value payments are driving the contactless payment market” The contactless payment market is estimated to grow from ...
“The hardware security modules market is likely to grow at a CAGR of 12.87% during the forecast period” The hardware security modules market is expected to reach USD 1,101.2 million by 2022, at a CAGR ...