MUNICH, August 5, 2016 /PRNewswire/ --
- Wirecard manages the technical integration and acquiring processing
Wirecard, one of the leading payment service providers, is now working together with O2 Czech Republic to offer a unified solution to all retailers in the Czech Republic. Thanks to the new cooperation, O2 as the largest telecommunication provider in the Czech Republic will offer their merchants a product named eKasa which is a fully online, tablet based fiscal till system together with credit card payment transaction services. With this, every retailer is in the position to comply with the new government standards in a beneficial way.
"It's a pleasure to work with Wirecard on this project to really draw an advantage for retailers out of this situation. For us, Wirecard is a reliable partner that quickly responds to innovations," said Lubos Lukasik, Director, SMB segment and indirect sales at O2.
Within this cooperation, Wirecard will act as the acquirer that processes all payment transactions, as well as the technical service provider which enables O2 to use Wirecard's mPOS Software Developing Kit (SDK). Subsequently, O2 will offer its customers the solution eKasa that includes a card reader which provides merchants with secure chip and PIN mobile card acceptance. This practical alternative to fixed till systems is suitable for merchants, companies and self-employed people from all industries who are now affected by this new government directive.
Roland Toch, Managing Director at Wirecard CEE, said: "We are delighted to work with O2 on this large volume project. The new combination that includes services from both parties enables retailers to benefit from powerful payment management features as they can simply repurpose a tablet to a new checkout device. That optimizes the processes and reduces costs at the same time."
This year, a new till system law has been implemented in the Czech Republic requiring retailers to conclude payment transactions online. Payment details are then forwarded to the national tax office where they are reviewed in order to avoid tax fraud.
Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit http://www.wirecard.com or follow us on twitter @wirecard.
About Wirecard CEE:
Wirecard CEE is part of the Wirecard Group as well as being the competence centre for Austria and the CEE (Central and Eastern European) markets. As the leading payment service provider (PSP) in Austria, Wirecard CEE has been supporting merchants for the past 16 years in successfully implementing international multi-channel strategies in the payment sector.
Wirecard media contact:
Wirecard Central Eastern Europe GmbH
Tel.: +43-(0)-316 / 81-36-81-1500
About O2 Czech Republic:
O2 is the largest integrated telecommunications provider in the Czech market. At present we operate close to eight million mobile and fixed accesses, which ranks us among the market leaders in fully converged services in Europe. To users of mobile services in the Czech Republic we offer state-of-the-art HSPA+ and LTE technology. We have the most comprehensive proposition of voice and data services in the Czech Republic, and we actively exploit the growth potential of the various business lines, especially ICT. Our data centres, with total floor area of 7,300 square metres, rank us among the leaders in hosting, cloud and managed services. O2 data centres belong to the few commercial ones in Central Europe to have TIER III certification. With our O2 TV we are also the largest IPTV service provider in the Czech Republic.
O2 Czech Republic media contact:
SOURCE Wirecard AG