German payments firm Wirecard has unveiled enhanced software development kits (SDKs) for mobile in-app payments.
Accessible to iOS and Android users, the new proposition is said to ease the integration process of in-app payment options for merchants.
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The offering will also support PCI compliance, the vendor said.
According to Wirecard, in-app payments generate “considerable revenue” for merchants.
The firm forecasts global mobile app revenues to increase to $189bn next year from $88bn in 2016.
Wirecard EVP payment and risk Sreelekha Sankar said: “Wirecard found out that around 40% of consumers prefer to make purchases using their mobile devices.
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By GlobalData“This is why in-app payments are a significant element in our future vision and why offering these options is quickly becoming a necessity for merchants.
“In the future, every element of consumers’ daily financial lives will be digital – on public transport, at home, on holiday, in-store, all processes will be completed on mobile devices.”
Recent initiatives by Wirecard:
In January this year, Wirecard teamed up with watch manufacturer Swatch to launch the payment service SwatchPAY! in Switzerland.
In the same month, Wirecard partnered Westpay to expand digital payments capabilities of merchants in the Nordics, further Europe and South Africa.
Last month, Wirecard partnered Tirol Werbung, the tourism organisation of the Austrian state of Tyrol, to launch the China Pay Initiative.
