Wirecard AG / Key word(s): Alliance
14.08.2012 / 08:30
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Bonn/Aschheim (Munich) August 14, 2012; Deutsche Telekom is
now working with technology and financial services provider
Wirecard AG to implement its payment strategy.
As part of this strategic partnership, Wirecard will put in
place the technical processes for issuing the Telekom
MasterCard and support Deutsche Telekom in processing
payments. 'In Wirecard, we have found the best partner
for card management and technical processing, taking the next
step in creating an ecosystem for anything to do with mobile
payment. With the technical implementation of online,
store-based and mobile payment in the safe and experienced
hands of specialist Wirecard, we can concentrate on our core
business,' explains Peter Vesco, Senior Vice President,
Business
Unit Payment at Deutsche Telekom.
The partnership does not only provide the technical basis for
the payment card, which will be launched on the German market
at the end of the year, but also covers the planned launch of
Deutsche Telekom's Mobile Wallet in 2013.
'We are delighted that Deutsche Telekom has opted for a
long-term partnership with us. As a technical services
provider, we are in an ideal position to provide the
necessary processes, such as real-time card creation, payment
processing and other additional services for mobile
payment,' says CEO Markus Braun at Wirecard, and
continues: 'As an innovative solution provider for the
telecommunications industry, we offer a wide range of mobile
payment services, including classic and contactless cards,
NFC stickers, and real-time provision of virtual cards for
NFC-compatible smartphones.'
Media contacts:
Wirecard AG
Iris Stöckl
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
Deutsche Telekom AG
Corporate Communications
Tel.: +49 (0) 228 181 - 49491
E-mail: media@telekom.de
Media representatives can find further information at
www.telekom.com/media and www.telekom.com/photos
http://twitter.com/deutschetelekom
About Deutsche Telekom
Deutsche Telekom is one of the world's leading integrated
telecommunications companies with more than 129 million
mobile customers, almost 34 million fixed-network lines and
17 million broadband lines (as of March 31, 2012). The Group
provides fixed-network, mobile communications, Internet and
IPTV products and services for consumers, and ICT solutions
for business and corporate customers. Deutsche Telekom is
present in around 50 countries and has over 235,000 employees
worldwide. The Group generated revenue of EUR 58.7 billion in
the 2011 financial year - over half of it
outside Germany (as of December 31, 2011).
About Wirecard
Wirecard AG is one of the leading international providers of
electronic payment and risk management solutions. Worldwide,
the Wirecard Group supports over 13,000 companies from a wide
range of industry segments in automating their payment
processes and minimizing cases of default. Wirecard Bank AG
is a Principal Member of Visa, MasterCard and JCB and
operates as a credit card acquirer in 69 countries around the
world, involving over 100 transaction currencies and 18
payout currencies. Part of the Wirecard Group, Wirecard Bank
provides innovative solutions in the fields of corporate
banking, prepaid and co-branded cards, along with account
products for both business and private customers. Wirecard AG
is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).
www.wirecard.com
End of Corporate News
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Language: English Company: Wirecard AG Einsteinring 35 85609
Aschheim b. München Germany Phone: +49 (0)89-4424 1400 Fax:
+49 (0)89-4424 1500 E-mail: ir@wirecard.com Internet:
www.wirecard.com ISIN: DE0007472060 WKN: 747206 Indices:
TecDAX, Prime All Share, Technology All Share Listed:
Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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