Posted on 11/08/2011 at 14:06
Villeroy & Boch expands strategic alliance with Wirecard
Munich-based Wirecard AG recently started processing payments for the Mettlach-based ceramics manufacturer Villeroy & Boch in all of its eleven European eShops.
When making payment, customers can choose between credit card, direct debit, invoice and advance payment. Wirecard started providing Villeroy & Boch with risk management services back in 2005.
Villeroy & Boch has a long-standing tradition. Now, the listed company has 24 production facilities world-wide. The Villeroy & Boch brand spans a highly diversified, end-to-end product range for bathrooms, tableware and tiles. The company is driving its on track internationalization on new, high-growth markets. At present, customers can buy the premium brand’s products online in eleven European countries.
“We have been placing our trust in Wirecard’s competence in customer risk management for several years. That is why it was easy to take the decision to place payment processing in this specialist’s hands,” commented Dr. Markus Warncke, Villeroy & Boch’s Treasurer. “The share of our revenues accounted for by foreign sales has increased by one third over the past 15 years. Our strategic alliance with Wirecard means that we are perfectly positioned for further international growth.”
The Wirecard Group is supporting the online retailer in its expansion into new markets with end-to-end services and more than 85 international payment and risk management methods.
Dunja Springer, Head of Sales Consumer Goods at Wirecard AG: “We are very pleased to be able to support the highly traditional German company Villeroy & Boch in its expansion. In order to meet our claim of being one of the leading providers in international eCommerce, we are expanding our offering for national payment methods around the world.”
Wirecard provides credit card, debit card and local payment acceptance via its Payment Page. Shop operators can put together their own selection of relevant payment solutions using modular building blocks. A special advantage: the group’s own Wirecard Bank means that revenues received from all types of payment are aggregated and paid out. This process optimization saves costs for the retailer.