Wirecard has inked a global payments and processing partnership with communications services provider Veon, formerly known as VimpelCom.
Under the deal, Wirecard will handle the airtime top-up as well as third party payments functionality on Veon’s personal internet platform, which was launched in Italy in November last year.
The geographic area of the deal will continue to expand as Veon plans to launch the platform into new markets including Russia, Georgia and Bangladesh throughout 2017.
Veon chief mobile financial services officer AJ Hanna said: “We want the customer experience on Veon to be exciting, enriching and extremely user-friendly. That means partnering with the best processing and payments providers, like Wirecard, so that users can top-up and pay for services quickly and easily.”
Wirecard chief operating officer Jan Marsalek said: “With our new airtime top-up solution and third party payment functionality, consumers will be able to upload and spend money more efficiently than ever before.”
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By GlobalData