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December 19, 2019

Wirecard to enable digital payments for GetYourGuide

Payments firm Wirecard has agreed to facilitate global digital payments between travel booking platform GetYourGuide and its business partners.

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Wirecard will simplify and speed-up reconciliation of payments for GetYourGuide and travel experience providers tied up with the booking platform.

Founded in 2009, GetYourGuide links travellers worldwide with its travel experiences marketplace.

To date, travellers in over 170 countries have booked more than 30 million tours, activities and sightseeing tickets using GetYourGuide.

The alliance will allow GetYourGuide to leverage Wirecard’s Supplier and Commission Payments (SCP) service to pay attractions and experience providers.

Wirecard also issued virtual credit cards for quick B2B payments.

In addition, each transaction will be mapped to the related booking details to automate payment reconciliation and improve accounting practices.

GetYourGuide CFO Nils Chrestin said: “GetYourGuide is on a mission to seamlessly connect travellers around the world with the best local experiences.

“Smooth and reliable payments between GetYourGuide and our business partners are crucial for delivering on that mission.

“Wirecard will help us to continue to ensure these transactions are processed as quickly and flexibly as possible and that our financial platform scales in pace with our business.”

Earlier this month, Wirecard partnered with Orange Bank to facilitate the latter’s launch of Google Pay for Android users.

The partnership was soon followed by a collaboration with IKEA to allow instalment payments for in-store purchases in Malaysia.  Wirecard previously introduced in-store and online instalment plans in Germany.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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