Wirecard wins TAV Operation Services as a new client for Alipay payments in airport lounges worldwide

Aschheim (Munich). (ots) -

- Chinese tourists can pay with Alipay for access to TAV "primeclass"
lounges, the world's leading common airport lounge brand
- TAV Operation Services operates 57 lounges in 30 airports in 19
countries worldwide

Wirecard, the global innovation leader in digital financial
technology, today announced it has extended its successful
partnership with Alipay to support TAV Airports subsidiary TAV
Operation Services Co. Present in 18 airports in three continents,
TAV Airports is one of the market leaders in airport operations,
having provided services to 836,000 flights and 115 million
passengers in 2017.

Alipay, one of the most popular payment methods in China, will be
offered as a payment method in "primeclass" lounges operated by TAV
Operation Services in Frankfurt, Copenhagen and Zurich airports
initially. TAV Operation Services operates 57 lounges in 30 airports
in 19 countries worldwide. After the initial launch, TAV will expand
the service offering via Wirecard's platform and also make it
available more widely including in airports in the United States and
Middle East.

In addition, Wirecard will support TAV Operation Services in
marketing activities with Alipay, such as hosting in-app coupons and
discounts, offering even greater value to Chinese travelers. Within
the framework of this collaboration, Wirecard will provide acceptance
and assume responsibility for transaction processing through its ePOS
App. Using this easy-to-install solution, retailers can quickly
access popular international payment options and value-added
services.

A 2017 study by Nielsen and Alipay found that a single Chinese
tourist in Europe will spend on average EUR 3,250 during their trip.
The same study found that 91% of Chinese tourists would be more
willing to spend and shop abroad if more merchants accepted Chinese
mobile payment brands. By paying with Alipay, travelers no longer
need to worry about exchanging currency or whether their Chinese
credit card is accepted by local merchants.

Ali Bora Isbulan, General Manager of TAV Operation Services,
stated: "As a worldwide airport hospitality group, we find it
essential to offer our customers the best possible service. Since we
give high importance to the Chinese market, we have partnered with
Wirecard and Alipay to enable our guests to pay in a way that is
convenient and familiar to them. We are happy to announce this
collaboration and look forward to allowing guests even smoother and
quicker payment possibilities at our airports."

Jan Rübel, Head of Sales Travel & Transport, Wirecard, said: