Wirecard to process international payments for Turkish streaming service BluTV

Digital financial tech firm Wirecard has announced it will support Turkish streaming service BluTV in its global expansion.

BluTV is a Turkish digital streaming platform with over four million subscribers and offering Turkish content on a worldwide scale.

As part of the company’s internationalisation of the streaming service, Wirecard is will provide BluTV with digital payment solutions across Europe.

“As the first Turkish digital platform to go truly global, it is essential that we have an experienced partner by our side,” said Alptug Copuroglu, head of international at BluTV.

“Wirecard’s long-standing experience in digital payments is instrumental in enabling us to grow our streaming subscription services beyond Turkey. We look forward to continue bringing our broad content offering to millions of viewers around the world.”

The announcement refers to a global study carried out by the Motion Picture Association of America that revealed in 2018 the number of subscriptions to streaming services increased to 613.3 million. This is a 27% increase in comparison to the previous year.

In addition to the European expansion, BluTV said it is focusing on further strengthening its position in the MENA and Latin American markets.

Boris Bongartz, head of sales digital goods at Wirecard, added, “Streaming subscription services are growing at an incredibly fast pace.

“Our digital payment services will allow BluTV users to have a smooth and enjoyable customer experience, and focus on their main objective: enjoying great TV content, no matter where in the world they are.”