Wirecard, the international leader in innovation for digital financial technology, and comdirect are working together to facilitate contactless payment via wearables. With 2.4 million B2C customers, comdirect is among Germany’s leading online banks. Together, Wirecard and comdirect – in partnership with Visa payment technology – are offering contactless payment via wearable devices during the 2018 German Beach Volleyball Championships taking place in Timmendorfer Strand from August 31 to September 2, 2018.
Matthias Hach, comdirect Sale and Marketing Director: “Our cooperation with Wirecard enables us to offer a quick and easy payment experience – a further step for us in consolidating our position as a pioneer in the field of mobile payments. As a smart financial partner we aim to offer our customers solutions that make life easier in all financial matters.”
Thorsten Holten, Executive Vice President Sales Financial Institution and FinTech Europe at Wirecard, adds: “We are increasingly seeing that consumers are combining sporting activities with seamless payments. In this way, a brand new market for intelligent, fully digital payment wearables for leisure activities is being created. The wearables supplied by Wirecard and comdirect offer users a state-of-the-art payment experience.”
The wearable campaign is running as part of a long term partnership between comdirect and the German Volleyball Association (DVV). During the event, around 5,000 wristbands will be distributed to spectators, which can be used for a variety of payments at the event venue.
„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.”