Wirecard expands digital payment services within Nordic retail market

Through Wirecard, many retailers in the region – including Nymans Ur, Royal Design, Svenssons i Lammhult, Rizzo and Accent – have recently integrated the acceptance of Chinese payment methods at the POS. This comes at a time of increasing inbound tourism from China to the Nordic region.

According to travel service provider Ctrip, the number of visitors from China to Nordic countries in 2018 increased by 82% compared to 2017. Accepting Chinese mobile payment apps is a good choice for retailers seeking to attract this target group, as doing so can increase sales for merchants.

In addition, retailers can provide a streamlined purchasing experience across all sales channels and touchpoints for their customers, since Wirecard enables merchants to accept and process payments regardless of where the customer is located, how they choose to pay, and where they prefer to receive or collect their purchases.

In May 2019, Wirecard has partnered with India-based UTI Infrastructure Technology and Services Limited (UTIITSL), a government-owned company, to digitise payment processes for Indian citizens. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.