Wirecard, the global innovation leader for digital financial technology, is announcing a cooperation with a large international online retailer, Wildberries.” Wirecard will take on the role of an acquirer and payment service provider (PSP) for Wildberries in Europe.”, according to the press release.
Founded in 2004, Wildberries sells clothing, shoes, cosmetics, household products, children’s goods, electronics, books, jewelry, food, and more. Since its foundation, the company has been expanding rapidly and now records EUR 3.1 billion in annual sales, while attracting six million unique visitors every day.
Wildberries is actively developing its business in Central and Eastern Europe, and Asia. Within five months the company opened 28 branded pick-up points in Poland and expanded the coverage area of free courier delivery over the whole country.
Recently, the company launched delivery of goods from a local distribution center in Poland, which reduced delivery time to one day. In May, Wildberries started sales in Slovakia, where the company plans to open more than five branded pick-up points in the near future.
Wirecard’s payment solution allows Wildberries to receive payments quickly and reliably, while ensuring the safety of customers’ personal data. As the world’s first payment service provider to offer more than 200 different local and global payment solutions, Wirecard offers an individualized and extensive set of payment tools for Wildberries, which allows its customers to pay for their purchases with all cards types and e-wallets. Today Wirecard handles all payments for the Polish Wildberries website, where the retailer has recently started its business. In the near future, the cooperation will be expanded to other European countries.
“Nowadays online shopping attracts more and more customers. Thanks to Wirecard, we can offer our European customers their preferred payment methods, which will help us to make shopping at Wildberries even more comfortable,” commented Vladimir Bakin, Financial Director at Wildberries. “We see Wirecard as an important partner of ours. We particularly appreciate the fact that they provide both acquiring and payment processing services via the same platform.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
