The companies will develop joint solutions in the areas of new mobility, retail and sports.
Wirecard, the global innovation leader for digital financial technology, and SAP, the market leader in enterprise application software, are taking their long-standing partnership to a new level.
„Wirecard will combine its technologies with individual product divisions of SAP to deliver joint solutions that complete the customer journey and offer new kinds of digital customer experiences. Possible application scenarios include the area of “New Mobility” as well as in retail and sporting events.”, according to the press release.
„As a member of the SAP PartnerEdge Program, Wirecard will be an official development partner in the area of cloud solutions and integrate its payment technologies, services and innovations with selected SAP product lines. The aim is to enable optimal customer lifecycle management across all touchpoints.”, the company added.
“We are very proud of this partnership with SAP. Our goal is to develop innovative solutions that will deliver revolutionary customer experiences. We look forward to presenting the first results of our cooperation in the coming weeks,” said Florian Eder, Head of Partner Management at Wirecard.
„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”