Wirecard and lastminute.com announce extended partnership to offer multi-currency Visa cards for travelers

Aschheim (Munich) (ots) -

- The solution will target around 10 million monthly users of the
lastminute.com website
- The partnership allows cardholders to load multiple currencies
onto the lastminute.com Visa Card, avoiding currency conversion
fees
- Prepaid lastminute.com Visa Cards will be issued by Wirecard and
can be used at millions of acceptance points worldwide

Wirecard, the global innovation leader for digital financial
technology, has extended its partnership with lastminute.com to offer
multi-currency Visa Cards. The two companies have been collaborating
in the field of acquiring as well as Supplier and Commission Payments
(SCP) for subsidiaries of lastminute.com for several years. The new
solution, known as the lastminute.com Visa Card, will allow travelers
from next week onwards to pay in the local currency at millions of
acceptance points worldwide, avoiding currency conversion fees. The
widely-accepted Visa card will be also quickly reloadable, making it
as convenient as possible for users to leverage on the cheapest
exchange rates while traveling.

As issuer of the lastminute.com Visa Card, Wirecard will support
main functions including card activation and reloading via the mobile
app. In the lastminute.com dedicated, branded app, cardholders can
manage their expenses via the multi-currency dashboard, view their
transaction history, carry out wallet-to-wallet transfers, and even
lock their cards if necessary.

Kathrin Klausa, Head of Product Management Sales Travel at
Wirecard says, "As the global innovation driver for digital financial
technology, it is essential to us to reduce barriers when paying
electronically and digitally in a foreign currency. Offering digital
solutions together with Visa and lastminute.com to make payments
abroad easier is very exciting for us. Our extended partnership with
lastminute.com shows our innovative drive and attention to the needs
of the international travel market."

Sergio Signoretti, Chief Financial Officer at lastminute.com
comments, "As we celebrate our 20th anniversary this year we are
delighted to announce this modern and convenient payment solution
backed by our trusted partners Wirecard and Visa, which will go a
great way to enriching the lives of travelers. We want the card to
become the preferential payment method on our properties to help the
10 million monthly users of our website save money and our lm
cardholders gain exclusive advantages when using the card. We look
forward to cooperating further with Wirecard in developing smart and
innovative travel solutions for the next twenty years and further."

The lastminute.com Visa Card will offer many benefits to both
novice and experienced travelers: cardholders will be able to use
their cards to pay around the globe, while uploading it in British
Pounds, US Dollars, and Euros. In addition, they will be able to use
the cards to withdraw cash from Visa-branded ATMs and to complete
online purchases. Additionally, the cooperation will enable travelers
to take advantage of more competitive exchange rates and to travel
cash-free. Finally, the lastminute.com Visa Card will offer some
exclusive voucher rewards for early adopters of the card that can be
used for their next trips - with a maximum of £250 in vouchers
potentially up for grabs (t&cs apply).

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce.We provide both business
customers 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 the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate
enhancement in all sales channels (online, mobile, ePOS). Wirecard
operates regulated financial institutions in several key markets,
holds 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 us on www.wirecard.com, follow
us on Twitter @wirecard and on Facebook @wirecardgroup.

About the lm group:

lm group is among the worldwide leaders in the online travel
industry and operates a portfolio of well-known brands such as
lastminute.com, Volagratis, Rumbo, weg.de, Bravofly, Jetcost and
Hotelscan. The Group's mission is to be the most relevant and
inspiring travel company, committed to enriching the life of
travelers. Every month, the Group touches 45 million users across all
its websites and mobile apps (in 17 languages and 40 countries) who
search for and book their travel and leisure experiences with us.
More than 1,200 people enjoy working with us and contribute to
providing our audience with a comprehensive and inspiring offering of
travel related products and services. lastminute.com N.V. is a
publicly traded company listed under the ticker symbol LMN on SIX
Swiss Exchange.

Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.: +49 (0) 89 4424 1363
Email: jana.tilz@wirecard.com

lm group media contact:
Spider PR
Tel.: +44 (0) 207 403 6900
Email: travel@wearespider.com

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