Wirecard AG (WDI)

Overview

Wirecard AG is a leading technology firm that specializes in providing comprehensive outsourcing and white label solutions tailored for the electronic payments industry on a global scale. With its inception in 1999 and headquarters located in Aschheim, Germany, Wirecard has firmly established itself in the payments sector, catering to a wide array of industries including consumer goods, digital goods, and the travel and mobility sectors. The company operates across three primary segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. Through strategic partnerships with entities like Poynt, CreditPilot PLC, SunExpress, and Emonvia, Wirecard AG continues to innovate and expand its services to meet the evolving needs of its clients worldwide.

Products and Services

• Payment Processing & Risk Management: This segment of Wirecard provides a comprehensive suite of products and services designed for the acceptance or transaction processing of electronic payments along with associated processes. This includes:

Enhanced capabilities to facilitate various payment methods, ensuring seamless transactions. Offers robust risk management solutions, including fraud prevention and creditworthiness checks, to safeguard both businesses and their end-users.

• Acquiring & Issuing: Wirecard's expertise extends to settlement services for credit card sales pertaining to both online and terminal-based payments, as well as offering current accounts bundled with prepaid cards and Girocard/Maestro debit cards. Key offerings include:

Multi-currency payment transaction processing, coupled with the issuance of prepaid and debit cards. These services cater to both private and business customers, highlighting Wirecard's versatility in meeting diverse client requirements.

• Call Center & Communication Services: Beyond financial transactions, Wirecard provides added value through its call center and communication services. This involves:

Delivering after-sales support, value-added services, and mailing solutions to enhance customer experience and engagement.

• Payment Processing Solutions: Among its core offerings, Wirecard has developed solutions such as:

Wirecard Payment Page for streamlined payment processes, credit card processing, and direct debit services, among others. These solutions are aimed at simplifying the checkout process for online retailers and businesses.

• Mobile Payment Solutions: Recognizing the shift towards mobile, Wirecard offers:

Innovative mobile payment services, enabling users to transact securely and conveniently from their mobile devices.

• Risk Management Solutions: To combat the risks inherent in electronic payments, Wirecard provides:

State-of-the-art fraud prevention and credit check services, tailored to minimize risk while optimizing transaction success rates.

• Integration and Testing Solutions: Ensuring seamless integration, Wirecard offers:

Comprehensive enterprise integration and transaction testing services, facilitating smooth operations for businesses opting for electronic payment solutions.