Wirecard reveals 'Innovation for Now' to help struggling retailers trade online

Wednesday 1 April 2020 11:31 CET | News

Global innovation company for digital financial technology Wirecard has announced it is launching an initiative to support businesses of all sizes and industries.

Together with Futur/io, Wirecard is launching the ‘Innovation for Now’ platform where merchants can find assistance packages from leading companies like SAP and Wirecard. The aim of the initiative is to bundle the offerings of all major tech companies in Germany and make them more easily accessible to merchants affected by COVID-19. Via the online platform InnovationForNow, companies can exchange information, learn about assistance packages, and collectively find ways to innovatively adapt their business models to the COVID-19 crisis. The platform is part of the initiative under the same name.

The initiative includes discounted or free use of digital payment solutions, and a rapid product integration. Part of the offering is the Pay-by-Link solution at no cost, which enables every merchant to receive digital payments in real time, even without an online shop. 

Moreover, the company’s Checkout Portal allows merchants to offer customers secure payment via a wide range of payment methods. Also, small retailers in Germany and Austria can make use of the SUPR shop solution. As part of the Wirecard initiative, merchants can use SUPR free of charge for the first six months. In addition, Wirecard offers merchants who rely on face-to-face interactions the use of a Smart POS terminal. 

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Keywords: Wirecard, SAP, retailers, online trade, COVID-19, Futur/io, merchants, payments , POS, terminals
Categories: Payments & Commerce
Countries: Austria, Germany
This article is part of category

Payments & Commerce