Wirecard, the German-based global leader in payment processing and financial technology, has signed a cooperation agreement with SoftBank`s Brightstar Corp., a leading global services and solutions company in the wireless industry.
The agreement will see Wirecard provide its digital payment acceptance and processing solutions to Brightstar`s clients, which include mobile network operators, retailers, and OEMs (original equipment manufacturers), in various markets around the world.
Wirecard`s payment processing solutions enable businesses to accept payments online, in-store, and on mobile devices, while also providing value-added services such as fraud prevention, loyalty programs, and analytics. This partnership with Brightstar will allow Wirecard to expand its reach in the global wireless industry and tap into new markets.
“We are pleased to enter into this partnership with Brightstar, which has a strong presence in the wireless industry and a solid reputation for providing exceptional service and solutions to its clients,” said Georg von Waldenfels, Executive Vice President of Group Business Development at Wirecard. “This partnership is a testament to the strength of our payment processing solutions and our ability to provide value-added services that enable businesses to streamline their operations and enhance the customer experience.”
Brightstar, which is a subsidiary of SoftBank Group Corp., provides a range of services to the wireless industry, including device lifecycle management, distribution, and supply chain solutions. The company operates in more than 70 countries and has partnerships with leading mobile network operators, retailers, and OEMs.
“We are excited to work with Wirecard to offer our clients access to a leading digital payment processing solution,” said Rod Millar, CEO of Brightstar. “Wirecard`s expertise in payments and financial technology will help us to better serve our clients and meet their evolving needs.”
The partnership between Wirecard and Brightstar is expected to benefit businesses across a range of industries, including retail, e-commerce, and telecommunications. With Wirecard`s payment processing solutions, businesses will be able to accept a wide range of payment methods, from credit and debit cards to mobile payments and e-wallets. This will help businesses to increase sales and revenue, while also improving the customer experience.
In conclusion, the cooperation agreement between Wirecard and Brightstar is a significant development for both companies, as it allows them to leverage their respective strengths to provide innovative solutions to businesses in the wireless industry. With the growing demand for digital payment processing solutions, this partnership is well-timed to capitalize on the expanding global market.