Wirecard Announces Processing E-Commerce Payment Agreement With Apollo

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now responsible for the entire payment processing in the e-commerce shop of Apollo, which is described as one of the largest optical retailers in Germany. Wirecard reported that it ensures smooth payment transactions for Apollo in the background and enables customers to conveniently and flexibly order and pay for their spectacle frames, contact lenses and other products online, and have them delivered either to their home or to the Apollo branch of their choice.

“With annual sales of 63 billion euros in 2018 and having grown by nearly 10 percent over the previous year, the e-commerce market in Germany is of great importance for brands such as Apollo. The Wirecard solution integrates seamlessly into the existing web shop and supports all payment methods offered by Apollo. In addition to processing payments in accordance with the requirements of PCI Security Standards, all transactions undergo comprehensive AI-based risk management checks such as fraud detection and 3D Secure.”

Speaking about the processing agreement, Christian Reindl, EVP Retail & Consumer Goods at Wirecard, added:

“We not only help Apollo to develop its online business, but also to reach its customers across all touchpoints. We want to enable an optimal online experience. This includes the online ordering and payment process, as well as delivery to the customer’s selected location. Wirecard is Apollo’s digital financial technology partner. We understand the demands of unified commerce and help to optimize processes. With our customized solution, we ensure a smooth and efficient payment process and offer the kind of checkout that customers expect from a modern online shop.”

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