MUNICH and GRASBRUNN, Germany, April 11, 2010 – redcoon GmbH, headquartered in Aschaffenburg, has decided in favor of the payment services of Wirecard AG. The redcoon company has meanwhile become one of the leading European specialist discounters for entertainment electronics, white goods, computers, photography articles and sports equipment.
The agreement signed with Dutch subsidiary redcoon B.V. comprises the processing of credit card payments along with an additional risk management package as well as credit card acceptance (Acquiring) services via Wirecard
Bank AG. The redcoon online shops established in nine European countries at present will gradually be integrated one by one: Germany has already been integrated, to be followed soon by Denmark and, step by step, Belgium, Italy,
Spain, Poland, Portugal, Austria and, finally, the Netherlands.
In its online shops, redcoon sells entertainment electronics, white goods, photographic and computer products as well as sports equipment. In the process, not only does redcoon concentrate on a large selection of articles at favorable prices, but also on excellent service and speedy delivery.
“To maintain our low level of prices, short and efficient processes are a key prerequisite. In Wirecard AG, we have found a partner who can provide all solutions in the field of payment processing from a single source. High
service quality, flexibility and, in particular, availability are of primary importance to us,” says Michaela Langpap, General Manager at redcoon GmbH in describing the benefits of this collaboration.
“In cross-border trading, not only is smooth, seamless processing and settlement of payment transactions of enormous importance; merchants like redcoon, operating on an international scale, assign increasing importance to professional risk management. This is where our expertise and experience really count,” says Christian Reindl, Vice President E-Commerce & Consumer Goods at Wirecard AG.
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