TUI Suisse Opts for Wirecard AG
By Wirecard Ag, PRNEMonday, July 26, 2010
Payments to be Handled for Online Bookings for all Travel Brands
MUNICH, Germany, July 27, 2010 - Zurich-based TUI Suisse Ltd has outsourced its payment processing to
Wirecard AG. The range of services to be provided covers online consumer
payments for all bookings except for package beach holidays, via all portals
operated by TUI Suisse (www.tui.ch, www.1-2-fly.ch,
www.flextravel.ch and www.voegele-reisen.ch). In addition, the
Supplier & Commission Payments (SCP) solution will be deployed for payments
to TUI Suisse service providers.
"It is important for us to make our internal processes as efficient as
possible. We have found in Wirecard a partner who is able to handle B2C and
B2B payment flows via a single platform," says Andreas Gantenbein, Head of
Business Development at Flex Travel, TUI Suisse's individual travel brand.
Adds Jorg Moller, Executive Vice President Travel & Transport at Wirecard
AG: "We are pleased that with TUI Suisse a further TUI subsidiary has opted
for our services. The combination of technical skills, a bank license and
customer-oriented flexibility is a clear unique selling point, which sets us
apart in the holiday travel industry and elsewhere.
Wirecard AG's SCP solution is based on the automatic issue of virtual
credit cards by Wirecard Bank AG and simplifies global business-to-business
payment operations. The SCP platform automates each individual transaction
and generates a virtual credit card on a real-time basis. The actual date of
payment can be determined flexibly by setting payment periods. The agent
handles the credit card data in the customary manner-there is no need for new
processes. Data matching interfaces reconcile the payment and accounting
systems. This benefits both sides: the service provider such as the hotel or
airline receives a secured payment, while the organizer gains substantial
liquidity advantages.
About TUI Suisse:
TUI Suisse is a member of TUI Travel PLC and World of TUI and operates
the retail brands TUI, Flex Travel, Spinout SportTours, Vogele Reisen and
1-2-FLY. It markets the products of the leading club brands ROBINSON and
MAGIC life as well as the Gebeco Lander erleben, Dr. Tigges and goXplore
study and exploration brands on an exclusive basis in Switzerland. The sales
network comprises 70 proprietary travel agents (TUI ReiseCenter and TUI
Agence de voyages).
www.tui.ch
www.tuireisecenter.ch
Corporate website: www.tui-suisse.com
About Wirecard AG:
Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, the Wirecard Group supports
over 11,000 companies from many and various industry segments, automating
their payment processes and minimizing payment defaults. Wirecard Bank AG is
a Principal Member of Visa and MasterCard as well as JCB, operating as a
credit card acquirer in more than 69 countries across the globe, with more
than 100 transaction and 15 payout currencies. Within the Wirecard Group, the
Wirecard Bank provides innovative solutions in the fields of corporate
banking, prepaid and co-branded cards, and account products, both for
commercial and private clients.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).
www.wirecard.com
www.wirecardbank.de
www.mywirecard.com
Wirecard Media Contact: Wirecard AG Iris Stockl Bretonischer Ring 4 D-85630 Grasbrunn / Munich Germany Ph: +49(0)89-4424-0424 Fax: +49(0)89-4424-0524 e-mail: iris.stoeckl@wirecard.com TUI Suisse Media Contact: TUI Suisse Ltd Roland Schmid Corporate Communications Officer Ph: +41(0)44-455-42-32 Fax: +41(0)44-455-40-80 e-mail: roland.schmid@tui.ch
Wirecard Media Contact: Wirecard AG, Iris Stockl, Bretonischer Ring 4, D-85630 Grasbrunn / Munich, Germany, Ph: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, e-mail: iris.stoeckl at wirecard.com; TUI Suisse Media Contact: TUI Suisse Ltd, Roland Schmid, Corporate Communications Officer, Ph: +41(0)44-455-42-32, Fax: +41(0)44-455-40-80, e-mail: roland.schmid at tui.ch
Tags: Germany, July 27, Munich, Wirecard AG