Roland Toch, Managing Director CEE at Wirecard

Wirecard has announced an expansion of its partnership with the telecommunications provider O2 Czech Republic in a bid to provide their enhanced mPOS(mobile Point-of-sale) project to a wider group of merchants across Europe. The two companies are expanding their scopes to Slovakia, aiming to assist retailers to comply with upcoming changes in the fiscal laws.

Bohumír Šaffek, Senior Manager eKasa at O2 Czech Republic, said, “Thanks to Wirecard, we have been able to provide many companies with O2 eKasa, a flexible, mobile solution for payment processing with which they can accept digital payments both on-site and on the road while benefitting from improved efficiency and compliance. Together, we are proud to be at the forefront of digital transformation in the Czech Republic and Slovakia.”

The solution, provided by Wirecard, includes acquiring, payment processing and compliance checks with O2 assisting in the merchant onboarding. The joint solution comprises of an online, tablet-based till system, an mPOS terminal and has been integrated with Wirecard’s digital financial commerce platform. This integration further enables secure acceptance and processing of digital payments and online transactions and simultaneous compliance of fiscal laws.

Roland Toch, Managing Director CEE at Wirecard, said, “The collaboration with telecommunications companies is a key driver of our business in Central Eastern Europe. The expansion of our partnership with O2 is a testimony to the value we have brought to many thousands of merchants in the Czech Republic so far by allowing them to quickly and easily capitalize on the countless benefits digitalization has brought to large and small businesses alike.” Philippe Laranjeiro, Head of Sales, Digital & Telco, at Wirecard, added, “Wirecard and O2 share a common vision and passion for innovation and driving digitalization. We look forward to partnering with even more telecommunications providers to help merchants worldwide optimize their payment processes, reduce complexity and meet the ever-changing needs of consumers.”

by Megha Bhattacharya
Market Analyst at IBS Intelligence