Wirecard Announces MoU With ALDI For Cashless Payment Processing

Germany-based fintech Wirecard announced on Friday it has signed a Memorandum of Understanding (MoU) with ALDI Nord and ALDI SÜD Groups for cashless payment processing.

“Within the scope of the partnership, Wirecard will process all credit card and international debit card payments at all ALDI stores in Germany. The possibility of expanding the cooperation is also being considered.”

Speaking about the collaboration, Christian Reindl, EVP Retail & Consumer Goods at Wirecard, stated;

“Wirecard and ALDI share a common vision of making lasting improvements to the customer experience. In the retail sector, optimal payment processes, which we can enable, play a key role in this. We are therefore very pleased to be working with ALDI and developing our partnership in the future.”

Guido Niechcial, Corporate Finance & Administration Director at ALDI SÜD, went on to add:

“With Wirecard, we have found a reliable partner to facilitate smooth payments for our customers.”

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