The mobile payment service Orange Cash is to be rolled out in Spain.
As part of the strategic alliance with the mobile operator Orange, Wirecard
will provide the E-Money and scheme license as well as the technical platform needed to manage the mobile payment application.
Users of Orange Cash can now make mobile payments at any contactless Visa terminal in more than 530,000 stores across Spain and at 2.4 million acceptance points throughout Europe. All that is required is an NFC-enabled smartphone with the app and an NFC-SIM card.
“Orange’s innovative spirit and our desire to offer our customers the most useful and advanced services at all times have led us to develop Orange Cash with Visa and Wirecard, our first foray into financial services from the mobile phone,” comments Javier Ramírez, Mobile Banking and Payments Director, Orange Spain.
“The announcement we made today is for us a decisive commitment on a business line that we expect to continue developing in the future, with more and better solutions that leverage all the benefits of security and utility that the mobile phone provides for the financial services.”
Wirecard Group is responsible for the design, implementation and processing of all technical and financial processes related to the payment app Orange Cash.