Starting immediately, Munich-based Wirecard AG will take over credit card acceptance and end-to-end fraud prevention for Neckarsulm-based Bechtle AG's IT eCommerce division.
When making payments by credit card, customers of the subsidiaries Bechtle direct, Comsoft direct and ARP will thus benefit from processing that is both secure and simple using Wirecard's payment platform.
Bechtle AG operates in Germany, Austria and Switzerland with around 60 IT system houses. The Group is one of the leading providers for IT eCommerce with retail companies in 13 European countries. Corporate customers can order around 44,000 products via channels including the Internet, catalogs or by telephone.
"Our IT eCommerce is characterized by maximum transparency and lean processes. To ensure that we also have an optimum position for electronic payment processing, we have decided to enter into a strategic alliance with Wirecard," commented Martin Meyer, Head of E-Business Strategy, Bechtle E-Commerce Holding AG.
Wirecard AG's PCI-compliant payment platform provides secure, flexible, simple and transparent payment processing. All of the transaction data and processes can be viewed 24/7 using an online portal.
Dunja Springer, Head of Sales Consumer Goods at Wirecard, AG: "The trust that Bechtle AG has placed in us in expanding its many B2B online shops confirms the added value that our solutions offer. Bechtle is an international company, and in addition to credit card acceptance it needs, in particular, flexible and transparent risk management to avoid fraud. Our Fraud Prevention Suite provides the company with risk methods that have been tailored to its exact requirements."
A key factor, in particular in processing credit card payments at a global level, is to recognize fraud better and faster, and to put preventative countermeasures in place. The Fraud Prevention Suite provides retailers with the best possible recognition of fraud, while simultaneously minimizing the number of transactions which are incorrectly identified as being possible frauds. Wirecard AG has customized its Fraud Prevention Suite to the respective requirements in the consumer goods, airline/tourism and digital goods sectors.