O2 Czech Republic geared up to offer a unified contactless payment system based on technology from German-headquartered payment service provider Wirecard.
The payment company said O2 CZ is ready to deploy eKasa, a fully online, tablet-based till system that is designed to process credit card transactions. O2 CZ will offer eKasa to retailers throughout the Czech Republic, as they prepare to meet new laws requiring retailers to conclude payment transactions online before they are forwarded to the national tax office.
Wirecard’s contract with O2 CZ sees the German company act as the acquirer that processes all payment transactions, and also as the technical service provider in the form of its mPOS Software Development Kit. O2 CZ will leverage that SDK and Wirecard’s broader expertise to offer retailers a kit comprising a card reader for chip and PIN credit cards, which Wirecard stated would be suitable for merchants, companies, and self-employed people, all of which are covered by the new laws.
Lubos Lukasik, director of SMB segment and indirect sales at O2 CZ, said the collaboration with Wirecard is enabling the mobile operator to “draw an advantage for retailers” out of the new laws, which are designed to reduce tax fraud.
Wirecard CEE MD Roland Toch added that the company is “delighted to work with O2 on this large volume project.”
The companies will offer retailers “powerful payment management features” on existing tablet PCs that can be repurposed to become “a new checkout device,” Toch continued, adding that the ability to re-use existing devices “optimises the processes and reduces costs at the same time.”
Wirecard is becoming increasingly active in the mobile and wireless payments space. The company last month announced it is implementing a virtual MasterCard service for FinTech, the company behind money-saving app Savedroid. In June, Wirecard partnered with Rabobank company MyOrder to launch a group-pay mobile financial service, which followed the March launch of Albert, an Android-based mobile payment tablet manufactured by Aevi International.
For more:
- see this Wirecard announcement
- view the company’s Savedroid release
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