- Wirecard (WCAGY +1.7%) is beginning digital installment payments in Germany, a move that it expects will enable merchants to boost e-commerce sales.
- Customers will be able to pay in installments while the merchant will be able to see full settlement when the shopper completes their order, Wirecard says.
- Some 58% of German customers consider paying in installments for online shopping, the company notes.
- It expects transaction volumes of more than €3B in the first years after launch.