Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has partnered with German direct bank comdirect to facilitate contactless payment through wearables. According to Wirecard, in partnership with Visa payment technology, the duo is offering contactless payment through wearable devices during the 2018 German Beach Volleyball Championships, which is taking place in Timmendorfer Strand from August 31st to September 2nd.
Wirecard reported that the wearable campaign is running as part of the long-term partnership between comdirect and the German Volleyball Association (DVV). During the event, nearly 5,000 wristbands will be distributed to spectators, which now can be used for a variety of payments at the event venue. While sharing more details about the partnership with Wirecard, Matthias Hach, comdirect Sale and Marketing Director, stated:
“Our cooperation with Wirecard enables us to offer a quick and easy payment experience – a further step for us in consolidating our position as a pioneer in the field of mobile payments. As a smart financial partner we aim to offer our customers solutions that make life easier in all financial matters.”
Thorsten Holten, Executive Vice President Sales Financial Institution and FinTech Europe at Wirecard, added:
“We are increasingly seeing that consumers are combining sporting activities with seamless payments. In this way, a brand new market for intelligent, fully digital payment wearables for leisure activities is being created. The wearables supplied by Wirecard and comdirect offer users a state-of-the-art payment experience.”