- Gong Cha stores in Singapore use Wirecard's payment technology at their 
in-store POS. This includes the cashless kiosks, which reduce check-out lines 
and increase efficiency 
- Present in over 20 regions worldwide, Gong Cha is one of the most recognized 
bubble tea brands in the world 
- Bubble tea is a trend in Singapore, where hundreds of thousands of bubble tea 
drinks are sold every week
 
Wirecard, the global innovation leader for digital financial technology, 
further drives cashless payments in Singapore together with Gong Cha, a premium 
bubble tea retailer. Present in over 20 regions worldwide, Gong Cha is one of 
the most recognized bubble tea brands in the world. Wirecard provides payments 
acceptance services for all 25 Gong Cha stores in Singapore, and supports the 
bubble tea retailer in its rapid expansion across the island as Singapore 
benefits from the hype, where hundreds of thousands of bubble tea drinks are 
sold every week.

The bubble tea industry is growing at a fast pace, not only in Singapore but 
also on a global level. According to Allied Market Research, the global bubble 
tea market was valued at EUR 1.7 billion in 2016, with that figure projected to 
reach EUR 2.8 billion by 2023. The Asia-Pacific and North American markets 
alone account for more than 83% of the global bubble tea industry, in terms of 
value.

All Gong Cha stores in Singapore use Wirecard's payments acceptance services at 
their POS, including at the cashless kiosks. Deployed in cooperation with 
Wirecard, the cashless kiosks offer both customers and the retailer a number of 
benefits, including a reduction in queuing times, faster checkout, and freeing 
up staff to take on further customer service roles.

"As payments in Singapore continue to digitalize, we find it essential to offer 
our customers the same digital experience they expect from any major retailer 
or service provider island-wide," commented Andy Oh, Chief Operations Officer 
at Gong Cha. "Together with Wirecard, we can ensure that every customer who 
chooses to visit us can pay with their preferred favorite method, in all of our 
locations. We are happy to partner with Wirecard as we continue to expand our 
brand across Singapore."

"We are excited to cooperate with Gong Cha, one of Singapore's major bubble tea 
brands, to enable digital payments for customers all over the country, which is 
rapidly going into a cashless society," added Judith Loh, Head of Relationship 
Management, APAC, Sales at Wirecard. "As a leader in digital financial 
technology, we offer flexible solutions which can be adapted to the needs of 
any merchant. With Gong Cha, we have again proven our innovative power in 
digital payments and our ability to meet the needs of our merchants."

With Wirecard's payment technology, Gong Cha customers can pay for their 
purchases using their EZ-Link card, one of Singapore's most widely used 
contactless payment solutions for public transport, retail, and government 
services.

About Wirecard: 

Wirecard (GER:WDI) is one of the world's fastest growing digital platforms in 
the area of financial commerce. We provide both business customers and 
consumers with a constantly expanding ecosystem of real-time value-added 
services built around innovative digital payments by using an integrated B2B2C 
approach. This ecosystem concentrates on the areas payment & risk, retail & 
transaction banking, loyalty & couponing, data analytics & conversion rate 
enhancement in all sales channels (online, mobile, ePOS). Wirecard operates 
regulated financial institutions in several key markets and holds issuing and 
acquiring licenses from all major payment and card networks. Wirecard AG is 
listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060). 
Visit us on www.wirecard.com, follow us on Twitter @wirecard and on Facebook 
@wirecardgroup.

About Gong Cha: 

Established in Taiwan in 2006, Gong Cha has become deeply appreciated by its 
customers, gaining global recognition by word of mouth and a uniquely 
customized service. From then on, the story of Gong Cha has widely spread, and 
Gong Cha has become one of the best-known quality tea providers in the world. 
Today, Gong Cha has blossomed in more than 20 regions worldwide. 

Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.: +49(0)89-4424-1363
Email: jana.tilz@wirecard.com 

Gong Cha media contact:
Gong Cha (Singapore) Pte Ltd 
Andy Oh 
Tel.: +65-9234-0256 
Email: andy.oh@gong-cha-sg.com

Source: Wirecard AG