According to the press release, the two companies are developing a ‘pay to tag’ solution connecting Wirecard’s mobile payment platform with all SES-imagotag cloud-connected IoT labels. With it, shoppers avoid long checkout times, and receive e-coupons instant redemption and cash-back.
Wirecard and SES-imagotag have been partners since 2018; through this new agreement, they expect that over 500 million cloud-connected smart labels will be turned into mobile payment acceptance points.
In addition, through a scan of an electronic shelf label (ESL) with a smartphones (QR code/NFC), shoppers will also have access to more information, customer reviews, content, and other marketing and loyalty programmes.
For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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