Mercateo taps Wirecard to digitise payment processes

Mercateo has teamed up with German payments technology company Wirecard to digitise its payment processes.

Mercateo taps Wirecard to digitise payment processes

Under the partnership, Wirecard will offer Mercateo a custom accounts solution. The solution provided by Wirecard is scalable, helping onboard as many new users as needed in one day.

Wirecard will also be responsible for processing financial transactions for Mercateo on a same-day basis and will create a digital interface, enabling the  networking platform to keep track of payment flows in real time.

Commenting on the alliance, Mercateo founder and member of the management board Sebastian Wieser said: “Our networking platform Unite digitally maps collaboration in business relations. For this reason, we are delighted about our new collaboration with Wirecard, which will allow our customers to manage their transactions digitally, thereby ensuring efficient purchasing and sales processes.”

Wirecard executive vice president sales consumer goods Christian Reindl added: “We are pleased to have Mercateo, another innovative partner, by our side and are delighted to support them with our technical solutions for payment processing in addition to providing our long-standing expertise in digitalising processes across all sales channels.”