Wirecard expands regional business partnership with Amway to boost its payment capabilities across Asia Pacific
- Amway is the world's No. 1 direct selling company
- Wirecard to extend digital payment services to Amway Thailand,
after implementing its financial commerce platform for Brunei,
Malaysia and Singapore and tripling the number of transactions in
- Customers to benefit from multiple payment options and a Unified
Commerce (https://www.youtube.com/watch?v=HySer7UKVEo) experience
Wirecard, the global innovation leader in digital financial
technology, today announces an expansion of a long-standing business
partnership with Amway, the world's No. 1 direct selling company as
rated by the Direct Selling News Global 100*, to provide digital
payment services to customers in Thailand. In 2017, Wirecard
successfully implemented its integrated financial commerce platform
across multiple locations throughout Asia Pacific, including Amway
Malaysia, Brunei and Singapore. Since the implementation, Amway has
more than tripled the number of transactions processed by Wirecard in
those three countries. Asia is the leading region for direct selling
worldwide with annual retail sales of over 85 billion US dollars.
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provide multiple payment options to their customers in Thailand.
Customers can select between credit, debit cards and alternative
payment methods, and pay for their online and point of sale (POS)
purchases using instalment plans. With more flexible payment options,
customers will thus be able to benefit from improved efficiency,
increased convenience and a Unified Commerce shopping experience.
"We are delighted to be deepening our business partnership with
Wirecard to drive our digital transformation efforts in Asia
Pacific," says Kittawat Ritteerawee, Managing Director, Amway
Thailand. "Thailand is one of the key focus markets in the region,
and our collaboration with Wirecard will enable us to leverage their
state-of-the-art payment technology and meet the changing needs of
today's consumers - who are increasingly demanding for quality
service and a seamless, personalized shopping experience."
Jeffry Ho, Regional Managing Director at Wirecard, said, "Our
expanded agreement is a testimony to the success of our initial
collaboration making us now the digital payment provider of choice
for Amway. We are very pleased to accompany Amway in their
digitalization story. Through our platform and the broad spectrum of
value-added services, we can establish a customer-oriented and
cross-channel approach and thus further increase customer