Wirecard partners with OYO to bolster booking services

Services include online payments for booking hotels and homes.

Fintech firm Wirecard forged a partnership with hospitality business OYO Hotels & Homes, looking to offer digital financial commerce-related services for hotels and home bookings, according to a press release.

These services include payment acceptance and issuance for OYO’s booking services for online, mobile or point-of-sale (POS).

Wirecard also planned to enable OYO to leverage their banking-as-a-platform capabilities, including lending and loyalty, intended to ease guests in booking hotels.

The collaboration will span across the USA, UK, Europe and Southeast Asia.

SoftBank Vision Fund, which OYO is a constituent of, facilitated the partnership.