Sparhandy.de, a German online reseller for smartphones and accessories, will be working with Wirecard’s integrated payment solutions in future. From now on, the payment processor will be handling card acceptance of all Visa and MasterCard payments as well as additional payment solutions. The Wirecard Fraud Prevention Suite (FPS) means merchants will benefit from optimised fraud recognition, while at the same time minimising the number of transactions that have erroneously been categorised as being suspected of fraud.
The company Sparhandy GmbH has been selling mobile phone contracts for more than 15 years as an independent online reseller. For almost one year it has also been offering its own mobile phone tariffs. The company, which is based in Cologne, with the online shop Sparhandy.de today employs more than 160 staff and generated sales of EUR 317 million in 2014.
“We are delighted to now count Sparhandy.de as one of our customers of integrated payment solutions and risk management,” says Andreas Kerschner, Head of Sales Consumer Goods at the Wirecard Group. The Fraud Prevention Suite identifies suspicious data and behaviour patterns in real time, in this way effectively preventing fraud. This provides convenient, reliable protection for the Sparhandy.de online shop. Andreas Kerschner: “Many merchants today face the task of ensuring their online shops are as secure as possible. Our system offers all-round worry-free protection.”
Sparhandy.de has also opted for the 3D Secure credit card security function, which serves the specific use of minimising risk in online credit card transactions. In addition, digital device fingerprints will warn against potential fraudsters. Daniel Mensing, Head of Online Sales at Sparhandy.de: “For our high value goods, Wirecard’s risk management allows us to be protected on all channels. We inform our customers of this benefit, which in turn helps improve the conversion rate. We are pleased to be using Wirecard’s innovative technology with one solution from a single source.”