Skip to content 
Search

Latest Stories

Indian firm OYO to use Wirecard’s digital financial services  

INDIAN hospitality firm OYO and German company Wirecard have announced that they are exploring collaboration opportunities to provide a suite of financial services to make payments for OYO hotels and home bookings across several regions in the world.

Wirecard will explore ways to enable OYO with its digital financial services and solutions, including payment acceptance, credential issuance, and payments technology, Wirecard said on Tuesday (20).


The collaboration between the Ritesh Agarwal-founded business and German financial services provider will span across international markets where OYO has a presence, including the UK, US, Europe, and South-East Asia.

As part of the collaboration, Wirecard will look to enable OYO with digital financial services such as payment acceptance and issuance system for OYO's online, mobile, and point-of-sale booking services.

The Bavaria-based firm will also work to enable OYO to leverage its banking platform to provide hassle-free payment experience to its customers.

Georg von Waldenfels, EVP Group Business Development at Wirecard, said: "OYO has truly revolutionised the hospitality space across the globe, and we are excited to be engaging with them as they take their business to the next level.

“The future of the travel industry is digital, with unified, integrated customer experiences across all channels — and this includes smooth and reliable digital financial processes such as we intend to provide to OYO around the world.”

Currently, OYO has an international presence with its hotels and homes business spread across the Indian subcontinent, China, South-East Asia, UAE, Saudi Arabia, Europe, and the US, among others.

Founded in 2013, OYO’s portfolio comprises more than 23,000 hotels and over 125,000 vacation homes in 800 cities across 80 countries.

OYO is a constituent of the SoftBank Vision Fund, which facilitated the introduction to Wirecard.

The Indian hospitality business does not build or own hotels. It approaches independent hotel owners and offers to invest to improve their business. Thus, the hotels are re-branded as OYO Rooms.

OYO is responsible for upgrading, reshaping, and altering the hotel rooms to improve facilities in a bid to attract more customers and ultimately, improve the hotel business significantly.

It also invests with owners to transform the property itself, improving the infrastructure and the look and feel of the hotel.

More For You

sachin-lords1-pti

The portrait was created by Stuart Pearson Wright, based on a photograph taken by the artist at Tendulkar’s home in Mumbai 18 years ago. (Photo: PTI)

Lord’s honours Tendulkar with portrait, cricketer says ‘full circle’ moment

SACHIN TENDULKAR said "life has truly come full circle" after a portrait of him was unveiled at Lord's on Thursday.

Tendulkar, widely regarded as one of the greatest batsmen, scored 34,357 runs across Tests, one-day internationals and one T20 match for India during his international career from 1989 to 2013.

Keep ReadingShow less
Annabel Croft

Former tennis player and current presenter Annabel Croft

Getty Images

Annabel Croft’s Wimbledon trainers prove white sneakers are a timeless smart-casual choice

Highlights:

  • Annabel Croft spotted courtside in statement Gucci trainers during Wimbledon
  • Paired the footwear with a pleated blue dress by Boss for a sporty yet polished look
  • The platform sole offered subtle height without compromising on comfort
  • White trainers remain a key smart-casual trend, suitable for a wide range of outfits

Annabel Croft embraces sporty style at Wimbledon

Former tennis player and current presenter Annabel Croft made a notable appearance at Wimbledon this weekend, combining elegance with comfort through a smart-casual ensemble. Dressed in a pale blue pleated dress by Boss, she completed the look with Gucci platform trainers, blending classic tennis aesthetics with modern fashion.

The knife-pleat design of the dress referenced traditional tennis skirts, while the fitted T-shirt silhouette gave the outfit a distinctly athletic feel. Her trainers featured Gucci’s red and green web stripe, offering a designer twist on the classic white trainer trend.

Keep ReadingShow less
Kendrick Lamar and SZA

Kendrick Lamar and SZA thrill Birmingham crowd with high-energy Grand National Tour show

Kendrick Lamar and SZA light up Birmingham with a dazzling Grand National Tour stop

Highlights:

  • Kendrick Lamar and SZA brought their record-breaking Grand National Tour to Birmingham’s Villa Park on Thursday night.
  • The three-hour set featured solo performances, visual spectacles, and crowd-favourite duets like All the Stars and Gloria.
  • Kendrick arrived on stage in his signature GNX, delivering fiery performances from To Pimp a Butterfly, DAMN., and his latest album GNX.
  • SZA stunned with hits from CTRL and SOS, transforming the stage into a fantasy landscape with high-energy vocals and choreography.

Two of the biggest names in rap and R&B, Kendrick Lamar and SZA, brought their much-anticipated Grand National Tour to Birmingham’s Villa Park on Thursday night, turning the historic stadium into a special musical experience. The pair, who previously wowed the world during this year’s Super Bowl halftime show, performed a mix of solo tracks and duets across a three-hour set that left fans exhilarated.

The Grand National Tour, which has already broken records as the highest-grossing co-headline tour in history, continued its momentum in the UK. Following performances in Glasgow, Kendrick and SZA proved once again why they remain at the forefront of global music.

Keep ReadingShow less
uk weather

Amber heat health alerts have been issued across several regions of England

iStock

England faces widespread heat alerts and hosepipe bans amid rising temperatures

Highlights:

  • Amber heat health alerts in place for large parts of England
  • Hosepipe bans announced in Yorkshire, Kent and Sussex
  • Temperatures could reach 33°C over the weekend
  • Health risks rise, especially for elderly and vulnerable groups

Heat warnings in effect as UK braces for another hot weekend

Amber heat health alerts have been issued across several regions of England, with temperatures expected to climb to 33°C in some areas over the weekend. The UK Health Security Agency (UKHSA) activated the warning at 12 pm on Friday, with it set to remain in place until 9 am on Monday.

The alerts cover the East Midlands, West Midlands, south-east, south-west, East of England, and London. Additional yellow alerts were issued for the north-east, north-west, and Yorkshire and the Humber, starting from midday Friday.

Keep ReadingShow less
Essex ladybird invasion

One of the largest gatherings was filmed on a beach at Point Clear

Dee-anne Markiewicz / SWNS

Swarms of ladybirds invade Essex coastline amid soaring temperatures

Highlights:

  • Ladybird swarms reported across Essex and Suffolk coastal towns
  • Hot weather likely driving the sudden surge in population
  • Sightings include Point Clear, Shoebury, Clacton and Felixstowe
  • Similar outbreaks occurred in 1976 during another hot UK summer

Sudden surge in ladybird numbers across the southeast

Millions of ladybirds have been spotted swarming towns and villages along the Essex coast, with similar sightings stretching into Suffolk. Residents have reported unusually high numbers of the red and black-spotted insects, particularly near coastal areas, with the recent hot weather believed to be a major contributing factor.

One of the largest gatherings was filmed on a beach at Point Clear, a village near St Osyth in Essex, where the insects could be seen piling on top of each other on driftwood and plants.

Keep ReadingShow less