Wirecard launches Try Before You Buy payment option

Try Before You Buy allows online shoppers to pay for products 30 days after the order has been placed, allowing consumers to try on styles at home and only pay for those they decide to keep. Wirecards Fraud Prevention Suite (FPS) is based on technologies such as machine learning and artificial intelligence, and secures consumer creditworthiness by analysing data patterns stretching years back.

The Calvin Klein and Tommy Hilfiger ecommerce sites in Europe will be the first to use this technology.

Wirecard is a global technology group that supports companies in accepting electronic payments from all sales channels. As an independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. For more information about this company, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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