PRN: Lekkerland and Wirecard Expand Their Strategic Alliance: New Payment Method for eCommerce - Pay Cash Online
Lekkerland and Wirecard Expand Their Strategic Alliance: New Payment Method for eCommerce - Pay Cash Online [14-February-2012] MUNICH, February 14, 2012 /PRNewswire/ -- Munich-based Wirecard Bank AG, a Wirecard Group company, and Lekkerland AG & Co. KG, Frechen, are expanding their existing strategic alliance for prepaid products and online payment processing.
Lekkerland and Wirecard Expand Their Strategic Alliance: New Payment Method for eCommerce - Pay Cash Online
MUNICH, February 14, 2012 /PRNewswire/ --
Munich-based Wirecard Bank AG, a Wirecard Group company, and Lekkerland AG & Co. KG, Frechen, are expanding their existing strategic alliance for prepaid products and online payment processing.
Both companies have developed a new payment method for the German market together with Berlin-based EZV Gesellschaft fÃ¼r Zahlungssysteme mbH, to allow cash payments for products ordered online. "BarPay" allows customers to order goods or services on the Internet and to pay for these in cash with immediate effect at 18,000 petrol stations, shops and kiosks in the Lekkerland network in Germany.
BarPay is a payment method for consumers that do not have access to credit cards or who have reservations about payment methods such as prepayment. Companies who want to cut their cash on delivery or debt collection costs, and at the same time increase their conversion rates, can benefit from BarPay.
"Our national infrastructure ensures that almost all consumers can reach one of our BarPay acceptance agents within a maximum of ten minutes. The flexible opening hours that petrol stations offer makes this even more user friendly," commented Jonny Natelberg, Executive Vice President with LekkerlandÂ GmbHÂ & Co. KG.
Oliver Bellenhaus, Wirecard Bank's chief representative said: "I am convinced that we will also meet with great interest for this payment method from many of the Wirecard Group's trade customers."
Lekkerland AG supplies approximately 130,700 filling station shops, kiosks, convenience stores, fast-food chains, tobacconists, specialist drinks stores, department stores, supermarkets, bakeries and canteens in nine European countries with a full range of confectionery, drinks, snacks, convenience ranges, ice cream, deep-frozen food, fresh products, tobacco goods, prepaid products and non-food articles. In the business year 2010, the company generated sales of 12.2 billion euros.
About Wirecard AG:
Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, the Wirecard Group supports over 12,000 companies from various industry segments in their efforts to automate their payment processes and minimize cases of default. Wirecard Bank AG is a Principal Member of Visa, MasterCard and JCB and operates as a credit card acquirer in 69 countries around the world, involving over 100 transaction currencies and 18 payout currencies. Part of the Wirecard Group, Wirecard Bank provides innovative solutions in the fields of corporate banking, prepaid and co-branded cards, along with account products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).
Wirecard Media Contact:
Company Codes: Bloomberg:WDI@GR, RICS:WDIG, RICS:WDIG.F, ISIN:DE0007472060