German payments platform Wirecard announced on Friday it was partnered with Romanian e-retailer eMAG for a new payment solution. While sharing more details about the solution, Utku Ogrendil, Managing Director at Wirecard in Romania, stated:
“Online shopping is growing fast in Romania and this is mainly due to the growing comfort that the end consumer feels when ordering or paying. The latest payment solution with eMAG is taking this experience to a new and higher level, contributing to making all aspects of the purchase process as fast and seamless as possible, and we are excited to be pioneering it.”
Wirecard noted that it has developed a special solution for eMAG customers. The company added:
“Using Wirecard’s digital financial commerce platform, eMAG is able to ensure immediate and uncomplicated refunds with its “Instant Money Back” offer, based on Mastercard Money Send and Visa Direct services. By shortening the time of receiving money back from days to just a few minutes, eMAG is further improving customer service leading to increased brand trust and loyalty. The solution is the first of its kind in Europe and applies to all purchases, regardless of sales channel, thus driving Unified Commerce.”