Intelligent CIO Europe Issue 20 | Page 15

NEWS Wirecard and ALDI sign MOU and agree collaboration W irecard, a global innovation leader for digital financial technology, and the ALDI Nord and ALDI SÜD groups have signed an MOU and plan to work together in the area of cashless payments. Within the scope of the partnership, Wirecard will process all credit card and international debit card payments at all ALDI stores in Germany. The possibility of expanding the cooperation is also being considered. “Wirecard and ALDI share a common vision of making lasting improvements to the customer experience. In the retail sector, optimal payment processes, which we can enable, play a key role in this. We are therefore very pleased to be working with ALDI and developing our partnership in the future,” said Christian Reindl, EVP Retail and Consumer Goods at Wirecard. “We always aim to offer our customers the easiest and fastest service – and that includes the payment process,” said Sebastian Jockel, Deputy Head of Financial Management at ALDI Nord. “With Wirecard, we have found a reliable partner to facilitate smooth payments for our customers,” said Guido Niechcial, Corporate Finance and Administration Director at ALDI SÜD. ///////////////// Turkish payments platform partners with Visa to enable greater financial inclusion for customers i ninal, the new generation payments platform, has announced a partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its 3 million customers. ininal customers will be able to use the new redesigned cards in stores and online at any of the 53+ million merchants who accept Visa globally. The prepaid cards will also enable ininal consumers to withdraw cash at Visa accepting ATMs globally. ininal CEO, Ömer Suner, emphasised that ininal would continue to be the first financial product for many young consumers. He said: “Through our partnership with Visa, we have enhanced the capabilities of the product we offer to our cardholders and made basic financial services more accessible to everyone. In this product relaunch, we have added a cash withdrawal feature that our cardholders were awaiting for a long time. “We are proud to issue our cards under our own Visa BIN and provide all the www.intelligentcio.com security and worldwide reach of Visa to our cardholders. Earlier this year, we had introduced bill payment capabilities through our ininal Wallet. Going forward, we plan to diversify the basic banking services we offer and add a 24/7 money transfer capability to our product features.” Merve Tezel, General Manager for Turkey at Visa, highlighted that innovation is at the core of Visa’s business. She said: “As payments continue to become increasingly digital, providing access to unbanked and underbanked populations becomes critical for the development of commerce. “Through our partnership with ininal, we are enabling 3 million cardholders to benefit from Visa’s innovations, making it easier, safer and more convenient to make payments wherever they are – in store and online. We will continue to work with ininal to make a difference to unbanked and underbanked consumers across Turkey.” INTELLIGENTCIO 15