Moip becomes Wirecard Brasil and launches financial management features for thousands of entrepreneurs

São Paulo (ots) - Transfer to third parties, bill payments, card
usage, pre-financing and mPOS payments will be available to all users

Wirecard, the global innovation leader in digital financial
technology, today announced the rebranding of payment solutions
company Moip, which it acquired in early 2016. With immediate effect,
Moip will adopt the name Wirecard Brasil, thus unifying Wirecard's
worldwide brand presence. In addition to strengthening its global
strategy, the change also marks the launch of Wirecard's new
generation of financial products in the country: The company is
releasing new financial features for all of its dozens of thousands
of small-sized clients who are using Wirecard Brasil's payment
solutions. These new digital features will allow entrepreneurs to
carry out transfers to third parties and bill payments. In addition,
Wirecard Brasil will provide them with card solutions, on demand
pre-financing and mPOS (mobile Point of Sale) services to facilitate
their financial management.

With the changes, the company's goal is to offer a complete
financial solution, increasingly simple and flexible for businesses
and entrepreneurs, capable of serving them in every payment stream.
The new solutions guarantee banking autonomy and allow customers to
carry out all financial management in the new Wirecard account.

Igor Senra, Managing Director at Wirecard Brasil, stated: "We have
worked with many tens of thousands of digital entrepreneurs in the
past years and we have followed the challenges they face, and this
goes far beyond receiving online payments. With the unification of
the brand and the new generation of products, we will offer an
integrated solution, accessible both online and offline and capable
of serving them in all steps of the payment value chain - all through
one platform."

Among the main products launched will be an mPOS solution that
enables acceptance of credit card payments on-site. Like the
functionalities Wirecard is offering online, the solution has a split
function that automatically divides payments between commission
agents and shop owners according to business rules and in many cases
eliminates double taxation. Another innovation will be the new
digital finance dashboard. Through that, it is possible to monitor
performance indicators, receivables, perform bank reconciliation,
withdrawal transactions, pay slips (boletos) and suppliers, and make
transfers to bank accounts. Through the account function, merchants
can as well make use of bill payments, pre-financing and card usage.

Igor Senra, Managing Director at Wirecard Brasil, added: "The new
solutions will bring great opportunities for our merchants in Brazil.
Currently, according to the Research Institute of Popular Data,
around 33% of the population do not have bank accounts and our
intention with the launch is to offer a complete solution that
enables financial inclusion."

Wagner Aguado, responsible for the Wirecard Business in Brazil,
said: "This means people will not need a bank in order to receive
payments or pay bills and suppliers. We are moving forward with our
primary goal, which is to digitize payment processes globally in a
way that enables people and companies to focus on growing their
business".

With the rebranding to Wirecard Brasil, the company reinforces its
position as the leading global innovation driver for digital
financial technology, which is present on five continents and in more
than 26 countries. Since September, Wirecard AG (based in Germany) is
part of the DAX index, the blue chip stock market index consisting of
the 30 major German companies trading on the Frankfurt Stock
Exchange.

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce. We provide both
corporate clients 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 solutions in the areas payment and risk, retail and
transaction banking, loyalty and coupon programs in addition to data
analytics and conversion rate enhancement across all sales channels
(online, mobile, ePOS). Wirecard operates regulated financial
institutions in several key markets, in addition to holding 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 Wirecard Brasil on
www.wirecard.com.br and follow us on Twitter @wirecardbr and Facebook
@wirecardbr.

Contact:

Wirecard AG
Einsteinring 35
85609 Aschheim
Germany
Phone: +49 (0) 89 / 4424 - 1400
Fax: +49 (0) 89 / 4424 - 1500
Email: press@wirecard.com
www.wirecard.com

Original-Content von: Wirecard AG, übermittelt durch news aktuell