Wirecard, a Germany-based payment and Internet technology company, has reached an agreement with Andaz Singapore – a luxury lifestyle hotel by Hyatt International, to provide payment processing services to hotel’s guests.

The collaboration will enable Andaz Singapore to accept cashless payments through credit or debit card at all of its hotel outlets, including reception, back office and restaurants.

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Wirecard will process a number of payment options of different companies such as Visa, Mastercard, JCB and American Express and help the hotel to streamline payment acceptance process.

As part of the agreement, Wirecard will also provide the hospitality group Dynamic Currency Conversion (DCC) service which will give international guests the convenience to pay in their home currency.

Commenting on the agreement, Andaz Singapore general manager Olivier Lenoir said: “With Andaz Singapore, we wanted to create a hotel which reflects the versatility of Singapore’s modern culture – that also includes our almost cashless society.

“We are excited about our partnership with Wirecard to be able to provide a comfortable and convenient experience that is barrier-less and offers a fresh perspective on hospitality.”

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Wirecard regional managing director Jeffry Ho said: “By digitising payment processes, we are further expanding our position in the Asia-Pacific region. With the new cooperation, Wirecard can once again demonstrate its expertise in providing innovative solutions that meet the needs of our customers.”