View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
May 29, 2015updated 04 Apr 2017 4:02pm

Cuscal selects Wirecard as solution partner

Cuscal Limited, an Australia-based payments solutions provider, has selected Wirecard as its solution partner for its next generation acquiring and issuing processing business.

By Verdict Staff

Cuscal Limited, an Australia-based payments solutions provider, has selected Wirecard as its solution partner for its next generation acquiring and issuing processing business.

Cuscal offers payment services to over 100 banks, mutual sector organizations, airlines and other firms in Australia. It currently processes around 14% of EFT transactions in Australia and manages one third of the country’s ATMs and over 5.5 million debit, credit and prepaid cards.

Wirecard said that its solution is based on a modular architecture and will assist latest innovations in card and mobile payments.

Cuscal managing director Craig Kennedy said: "With Wirecard, we are introducing best-in-class in payments technology to the Australian market, which will extend our portfolio of innovative services in an ideal way."

GFG Group managing director Andreas Kazamias said: "Cuscal and Wirecard are both at the forefront of technological innovation in the payments sector, in particular driving the deployment of next generation payment products. Together we will be able to serve this rapidly developing market even more effectively."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International