Mammut bolsters e-commerce offering
Wirecard deal expands payment capabilities
Financial technology specialist Wirecard, is expanding its long-standing partnership with Mammut to handle payment processing for the firm’s e-commerce business in the US.
As part of the cooperation, Wirecard will offer US customers of Mammut’s online shop payments via credit cards commonly used in the US such as Visa and Mastercard, while an expansion to this offering is also already in the pipeline.
Mammut turned to Wirecard in 2014 to handle multichannel payment processing. Since then it has been responsible for e-commerce and POS payment processing in Mammut’s core markets of Germany, Austria, Switzerland and the UK.
Mammut also uses a customised version of Wirecard’s risk management system FPS (Fraud Prevention Suite). The system identifies data and behavior patterns in real time and uses machine learning and artificial intelligence in order to effectively prevent fraud and ensure maximum security for all payment methods on offer.
Florian Held, head of E-commerce at Mammut, said: “Mammut has stood for optimum outdoor quality and pioneering innovation for more than 155 years – and it is on this basis that we will continue to grow. With Wirecard as a payment partner, we now offer customers secure and efficient payment solutions around the world – this means that Wirecard plays a key role in our digitalisation process.”
Christian Reindl, executive vice president Sales Consumer Goods at Wirecard, added: “We are delighted to expand our successful collaboration with Mammut. We are focused on Mammut’s individual requirements and in this way have developed together on an international basis. Mammut aims to exploit the trends towards digitalization and globalization, and we are able to support these efforts across the entire payment value-added chain.”