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VIPASO x World Direct

VIPASO and World Direct announce strategic partnership

VIPASO and World Direct are pleased to announce they have entered into a strategic partnership, the collaboration represents a step- change in the way both businesses address the needs of the market

VIENNA, Austria, December 12, 2023. VIPASO, Vienna Payment Solutions, and World Direct announced today that the companies have entered a strategic partnership, that will shape a successful and sustainable digital future. 

VIPASO is a start-up dedicated to payments, has developed an end-to-end, independent, complete mobile payments solution: an app-based, white label system that uses Bluetooth Low Energy for the payment process initiation between the consumer and the merchant, to be used anywhere in the world. VIPASO does not require terminals or any hardware beyond two Bluetooth-enabled devices. It catalyzes financial inclusion, especially in emerging countries. 

World Direct, a 100% subsidiary of A1 Telekom Austria, focuses on developing and operating highly available, tailor-made IT applications and cloud-infrastructure for the healthcare-, energy-, real estate-, finance-, telecommunications- and public sector. The combination of modern software development, comprehensive certifications and geo-redundant data centers enables World Direct to provide customers and partners with a competitive advantage in the banking and finance sector. 

The VIPASO-World Direct partnership provides innovation, deep skills and knowledge in payments, technology strategy and technology development. The partnership represents a step-change in the way both businesses address the needs of the market. 

“We are honored to partner with World Direct on our mission to make VIPASO technology available to everyone, everywhere.” Said Matthias Horvath, CEO at VIPASO. “We started VIPASO with a goal to make POS (point of sale) payments simple, reliable, safe and universal. The partnership with World Direct is a significant progress towards achieving that goal.” 

“VIPASO’s mission is to deliver accessible financial services around the world,” said Wolfgang Platz, President at VIPASO. “We are delighted to partner with World Direct to deliver upon that mission, together with innovative cooperation we will unlock the full potential of digital transformations, shaping a successful and sustainable digital future.” 

“At World Direct, our goal is to create added value for people and companies through digitalization. We are delighted to be working with VIPASO and look forward to jointly developing future-oriented services that are easy to use. Hosting on our PCI-certified cloud platform also enables us to operate the joint solutions in compliance with the highest security standards”, said Alexander Wolf, CTO at World Direct.

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