German payments company Wirecard has signed an agreement with Sisal Group to drive contactless payments in Italy.
The two companies will work together to make contactless payments convenient and user friendly.
Sisal Group’s payment services brand SisalPay records more than 200 million transactions annually. Regulated by the Italian central bank, it has around 40,000 points of sale and 15 million customers in the country.
Sisal Group head of Payment Services Business Unit Francesco Maldari said: “With the aim of guiding people towards new innovative consumption experiences, concretely contributing to the digital evolution of the country towards a cashless society, we constantly invest in people, skills and technology.
“SisalPay’s growth strategy is based on innovation and cutting-edge technologies. In this regard, with Wirecard we have found the ideal partner who shares our vision of an innovative payment universe and helps us to further digitise Italian society where 50% of payments are already contactless.”
Wirecard vice president of sales financial institutions and FinTech Europe Julian Weste said: “With the help of Wirecard, SisalPay can unlock the potential of digitisation and offer customers new integrated solutions to offer consumer maximum flexibility.
“We are delighted to contribute our global expertise in digital payments to SisalPay’s business strategy and expect a further expansion of the strategic partnership.”
Last month, Wirecard sign an agreement to process all credit card and international debit card payments made at Aldi stores in Germany. The agreement aims to encourage cashless transactions at the retail stores.