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4-Traders Homepage  >  Equities  >  Xetra  >  Wirecard    WDI   DE0007472060

WIRECARD (WDI)
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Wirecard : enters into cooperation with the Australian Federation of Travel Agents

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06/12/2018 | 07:48am CEST

Posted on 06/12/2018 at 08:00

Offering payment processing and acquiring for 1,400 travel agents in Australia

The international expert for digital payment and internet technology, Wirecard, has entered into an agreement to become the newest payment partner of the Australian Federation of Travel Agent's (AFTA) Chargeback Scheme (ACS). AFTA represents the majority of travel agents Down Under, meaning these agents can now choose from different providers with whom they seek to partner with to access the protections offered by the ACS.

'Given our significant experience and footprint in the global travel market, partnering with AFTA marks a natural extension for us in the Australian travel industry. Being able to offer a beneficial solution to AFTA members and being one of the partners to participate in this innovative mutual fund solution, makes us proud', says Daniel Vukovac, General Manager of Wirecard in Australia.

'We are very happy to offer our agents the ability to choose the international technology group Wirecard where our members can access the products and services offered by Wirecard as well as being protected by ACS. Wirecard has extensive travel pedigree and our members will be able to offer new and innovative avenue on how to accept payment from their clients', explains Jayson Westbury, CEO at AFTA.

AFTA is representing more than 1,400 agents in Australia with business support and has now developed ACS. Operating as a merchant service provider, Wirecard is contracted to collect the ACS contributions on behalf of participating members. Furthermore, the expert for digital financial technology is integrated via mid office and global distribution systems (GDS) such as Amadeus and Sabre as an Acquirer in the systems of the agents chosen to work with Wirecard.

AFTA members can apply to be part of the Scheme via afta.com.au/acs.

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Disclaimer

Wirecard AG published this content on 12 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 June 2018 05:47:03 UTC

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EBIT 2018 454 M
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Yield 2018 0,14%
P/E ratio 2018 51,80
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Markus Braun Chief Executive & Technology Officer
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