Utku Ogrendil, Managing Director Romania at Wirecard

Wirecard, a financial technology supplier is collaborating with Orange, a telecommunication provider to provide their consumers with digital payments and banking services. These services offered will allow contactless payments with physical and virtual Orange Money debit cards, smartphones, as well as Fitbit and Garmin smartwatches.

Orange’s collaboration with Wirecard has helped it become a pioneer in mobile payment innovations. This has assisted them to gain more than 500,000 users within the first two years with Wirecard responsible for implementing and developing all financial and technical processes based on Orange’s design and requirements.

Romanian users of Orange can now avail services such as P2P (Peer-to-Peer) instant transfers via mobile numbers, transfer money using their individually assigned IBAN code, pay utility bills or recharge their Orange Prepay accounts, perform internet purchases using their virtual card in the app, manage card limits, reset the card PIN as well as lock and unlock the card instantly.

Haris Hanif, CEO of Orange Money Romania highlighted the importance of this partnership to the Romanian market to provide quality service to its customers. Utku Ogrendil, Managing Director Romania at Wirecard, said, “Wirecard’s mission is focused on providing cutting-edge digital financial solutions, and the partnership with Orange is a significant part of our vision to create a cashless future.”

Along with this Orange also offers services in transaction processing and settlement, card issuing and personalization, authorization – including 3Dsecure, card management, tokenization as a VISA certified NFC solution as well as all call centre services.

by Megha Bhattacharya
Market Analyst at IBS Intelligence