Wirecard launches new Romanian payment solution with Orange Money

Wirecard has revealed it is further expanding its collaboration with telecommunications firm Orange to further push its mobile money service Orange Money in Romania.

The company will begin to offer clients a financial commerce solution that enables contactless payments with physical and virtual Orange Money debit cards, smartphones, as well as Fitbit and Garmin smartwatches.

“The partnership with Wirecard is an integral part of the digital solution Orange Money offers on the Romanian market and an additional guarantee of the quality of service that our customers are accustomed to and expect from us,” said Haris Hanif, CEO of Orange Money Romania.

Since 2014, Wirecard has worked with Orange to implement and develop all technical and financial processes in line with the firm’s design and other requirements.

Within the first two years of the partnership, Wirecard said the joint solution gained more than 500,000 users.

Utku Ogrendil, Managing Director, Romania at Wirecard, explained: “Wirecard’s mission is focused on providing cutting-edge digital financial solutions, and the partnership with Orange is a significant part of our vision to create a cashless future.

“We are delighted to further partner on the innovative Orange Money service – a solution that offers many benefits to Romanian customers and also a new perspective on the payment market in Romania.”

Using the Orange Money app, Romanian users can now make P2P instant transfers via mobile phone numbers, transfer money using their individually assigned IBAN code, pay utility bills or recharge their Orange Prepay accounts.

Customers can also perform internet purchases using their virtual card in the app along with manage card limits, reset the card PIN as well as lock and unlock the card instantly.

Wirecard provides a range of services within the partnership including transaction processing and settlement, card issuing and personalisation and authorisation.

Philippe Laranjeiro, head of sales digital & telecom at Wirecard added: “We are delighted to further support Orange with their agenda to offer digital financial services for everyday life.

“After the successful development of Orange Cash and then Orange Bank in France to offer fully digital payment and banking services, the launch of Orange Money Romania is for us a further step to digitize payments globally.”