Wirecard Signs Global Mobile Payments Processing Partnership with VEON

Wirecard Signs Global Mobile Payments Processing Partnership with VEON
20.06.2017 01:00 pm

Wirecard Signs Global Mobile Payments Processing Partnership with VEON

Payments

Wirecard and VEON have signed a global payments and processing agreement that will see Wirecard handling the airtime top-up as well as third party payments functionality on VEON’s personal internet platform. This means customers will be able to upload and update their mobile payment accounts on-the-go and within a few seconds.

VEON launched its new personal internet platform in Italy in November 2016 using data analytics and artificial intelligence to offer users a variety of new, personalized and contextual services from entertainment to financial services. The global cooperation with Wirecard will continue to grow as VEON expands into new markets throughout 2017 – including Russia, Georgia and Bangladesh.

AJ Hanna, Chief Mobile Financial Services Officer at VEON, said: “We want the customer experience on VEON to be exciting, enriching and extremely user-friendly. That means partnering with the best processing and payments providers, like Wirecard, so that users can top-up and pay for services quickly and easily.”

Jan Marsalek, Chief Operating Officer at Wirecard, added: “We are delighted to work with one of the largest technology innovators and mobile network operators on this state-of-the-art mobile payment solution. Easy mobile payments are essential in the fast growing frontier markets. With our new airtime top-up solution and third party payment functionality, consumers will be able to upload and spend money more efficiently than ever before.”

Related News

EBANX and Visa Expand Strategic Partnership in Brazil

EBANX and Visa announce the extension of a strategic partnership, sealed by the Participation Agreement in the Money Transfer Merchant Program... Read more »

Computop and Raiffeisen Bank International to Support Omnichannel Payments in Eastern Europe

Computop, a leading global payment processor, and Raiffeisen Bank International (RBI), which specialises in cashless payments in Central and... Read more »

Mobey Forum Launches Payments Expert Group

Mobey Forum, the global industry association empowering banks and financial institutions (... Read more »

P20 Joins Forces With UK National Cyber Security Centre, New York City Office of Financial Empowerment, Federal Reserve Bank of Atlanta and More to Address Urgent Need for Secure Payments

●      The fourth P20 Global Payments Conference will take place on September 29 and 30 and will address the critical issue of ‘How to deliver secure payments for all’. ... Read more »

Paymentology Partners with Sokin to Expand its Cloud-Based Payment Solutions

Cloud-native payment processor Paymentology has partnered with Sokin, the new generation payments firm, to enhance and extend the services... Read more »

Paysend Grows by 80%, Accelerating the Switch to E-money

UK-based global FinTech business Paysend today announced record growth figures after it was revealed last week that the Royal Mint will be discontinuing... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel