Wirecard to offer new digital payment and banking service

Wirecard and Orange have successfully collaborated in Europe since 2014

Wirecard to offer new digital payment and banking service. Source: shutterstock.com

Digital financial technology provider Wirecard is expanding its collaboration with Orange in the field of digital payment and banking. Together with Orange Money in Romania, Wirecard is now offering an innovative financial commerce solution that allows contactless payments with physical and virtual Orange Money debit cards, smartphones, as well as Fitbit and Garmin smartwatches.

Using the Orange Money app, Romanian users can now make P2P instant transfers via mobile phone numbers, transfer money using their individually assigned IBAN code, pay utility bills or recharge their Orange Prepay accounts. Customers can also perform internet purchases using their virtual card in the app, manage card limits, reset the card PIN as well as lock and unlock the card instantly.

Wirecard provides a vast range of services within the partnership. These include transaction processing and settlement, card issuing and personalization, authorization – including 3Dsecure, card management, tokenization as a VISA certified NFC solution as well as all call center services.

SEE ALSO: Leading e-commerce payment methods in Europe. Part 4

Categories: All materials Fintech News
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