17 10 20 17:57:33

A man online shopping

Sydney, 20 December, 2016: Today Wirecard AG and Cuscal announced they will be working together to allow Wirecard’s proprietary omni-channel payment processing platform to receive credit and debit card transactions in Australia.

Wirecard is a global technology group that supports companies to accept electronic payments from all sales channels. The partnership with Cuscal will allow it to offer Australian merchants its efficient method of online payment processing. Wirecard’s solution can be adapted to meet the individual requirements of each merchant, improving conversion rates at the point of check out.

Grigoriy Kuznetsov, Executive Vice President Global Financial Services at Wirecard, said:

“We are delighted to expand our cooperation with Cuscal. This enables us to extend our global merchant acquiring solutions to one of the most important payment markets in the world and ensure that our customers can enjoy consistent service and seamless access to payment options worldwide.”

Acting General Manager, Product & Service at Cuscal, Colin Sultana said:

“We’re really pleased to be supporting Wirecard in Australia. We’re all about using our expertise and scale to help existing companies grow as well as to support new companies to enter the market. By working with companies like Wirecard we’re driving competition in payments, increasing innovation and giving businesses greater choice which will ultimately benefit everyone.”

Wirecard is one of many new companies moving into the Australian payments acceptance market, creating further disruption in the payments industry overall. Most are being drawn here by the allure of large and steady revenue streams and a population ready and willing to embrace new payment technology.

Media contact
Jake Waddell jwaddell@cuscal.com.au 0417 312 902