German payment services firm Wirecard has teamed up with local furniture retailer Segmüller to enable the latter support mobile payments.

Under the agreement, Wirecard will provide a mobile payment solution that will allow the retailer’s customers to make invoice payments using their mobile devices or credit cards.

Wirecard will offer the digital payment technology for the initiative.

At the same time, the payments firm will be responsible for managing payments processing.

The mobile payment solution includes an app with an mPOS device that works alongside mobile devices like tablets and smartphones.

The app will enable the retailer to accept digital payments at a customer’s front door.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

To purchase a good, customers can initially pay a deposit in store and pay the balance after receiving the delivery.

Wirecard executive vice president sales consumer goods Christian Reindl said: “We are pleased to be able to support Segmüller in digitising their payment processes and thus increasing customer satisfaction.

“With the development of our payment app, we have actively responded to the trend that consumers want an increasingly seamless payment experience – the mobile payment solution is optimally tailored to the delivery model.”

Segmüller branches are located in Frankfurt, Mannheim, Nuremberg, Stuttgart, Weiterstadt, Friedberg, Parsdorf near Munich and Pulheim near Cologne.