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The collaboration includes the rapid development and launch of digital solutions in the region.
Aschheim (Munich) / Dubai, United Arab Emirates (Munich) / Dubai, United Arab Emirates (ots) – Wirecard, the world’s leading innovation engine for digital financial technology, and Visa are further expanding their successful collaboration. Wirecard will support the Fintech Fast Track program initiated by Visa in the Middle East as the preferred payment processor. As Visa’s strategic partner, Wirecard provides its financial technology and deep market insight to accelerate growth and innovation within the growing payment and financial technology community in the region.
Visa Fintech’s Fast Fintech program gives fintech companies quick and easy access to VisaNet, the group’s global payment network. As a result, businesses can access Visa solutions and products and take advantage of the many benefits of the network. Wirecard and Visa, therefore, support fintech companies in the Middle East to make their business operations as efficient as possible and expand them further.
The cooperation offers Wirecard the opportunity to access the growing Visa network, which is part of the Fintech Fast Track program. “We are delighted to play an important role as a strategic partner within the program and, together with Visa, offer innovative financial technology solutions in the region,” said Humza Chishti, Wirecard Regional Manager for the Middle East.
“Fintechs are agile and fast, and expect the same from their partners. The Fintech Fast Track program meets Fintechs requirements in terms of speed and simplifies access to Visa resources, both worldwide and across the globe. the region”. , says Otto Williams, Vice President, Strategic Alliances, Fintech and Ventures, CEMEA, at Visa. “Partnering with Wirecard will allow us to further increase the value of fintech as part of our network. Together we will work on innovative new retail concepts that can be implemented on a large scale and at a rapid pace.”
Learn more about Visa’s Fintech Fast Track program at https://Partner.Visa.com.
About Wirecard:
Wirecard (GER: WDI) is one of the fastest growing digital platforms in the world of financial trading. We offer commercial customers and consumers a constantly growing ecosystem of real-time value-added services for innovative digital payment transactions through an integrated B2B2C approach. This ecosystem focuses on solutions in the areas of payment and risk, retail and transaction banking, loyalty and coupons, data analysis and improvement of the conversion rate in all sales channels (online, mobile, POS). Wirecard operates regulated financial institutions in several key markets and holds licenses for all major card and payment networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060). Find out more at www.wirecard.com.
About Visa Inc .:
Visa Inc. (NYSE: V) is the world’s leading provider of digital payments. Our mission is to connect the world through the most innovative, reliable, and secure payment network so that people, businesses, and economies can prosper. Our advanced global processing network, VisaNet, offers secure and reliable payments worldwide and can process more than 65,000 transaction messages per second. The company’s tireless focus on innovation is a catalyst for the rapid growth of connected commerce on any device and a driving force behind the dream of a cashless future for everyone and everywhere. As the world moves from analog to digital, Visa is using our brand, products, people, network and size to reshape the future of retail. For more information, visit www.visamiddleeast.com, the Visa MENA blog, or follow us on Twitter @Visamiddleeast.
Questions and contact:
Wirecard Media Contact:
Wirecard AG
Jana Tilz
Tel .: +49 (0) 89 4424 1363
Email: jana.tilz@ @wirecard.com
