Wirecard is set to roll out its digital payment and access solution across Central and Eastern Europe to enable easy and secure transactions through wearables as well as cards.
The closed-loop solution can also be directly integrated into the till systems at the point-of-sale (POS).
Initially, Wirecard deployed the payment solution at Smart Business Center in the City of Graz, Austria to enable instant top-up and use of the card for daily food purchases.
Through the new service, the Center intends to promote digitalisation and boost business intelligence in Graz, which has already been receiving support from Wirecard to become a smart city.
Wirecard CEE managing director Roland Toch said: “We are looking forward to bringing our payment and access solutions to all of Central and Eastern Europe.
“We see a huge demand in the market for smart digital closed-loop systems – especially for companies that employ hundreds and thousands of people.”