Wirecard revolutionizes payment and banking for all merchants and launches Next Generation Financial Commerce Platform

Aschheim (Munich) (ots) -

- Open online business account within five minutes including payment
acceptance for merchants
- Instant payout of accepted payments to merchant account
- Support of payment acceptance in e-commerce and stationary retail
- Immediate availability of credit via bank transfer or debit card
- Additional liquidity at any time via credit line linked to payment
volume ("Merchant Cash Advance")

The global innovation leader for digital financial technology
today announced the Next Generation Wirecard Platform. With its
revolutionary combination of comprehensive payment and banking
services that are tailored precisely to the needs of merchants,
Wirecard is setting new standards in the digitalization of payments.

In five minutes, merchants[1] undergo a fully digital registration
process and immediately have access to their Wirecard business
account as well as payment acceptance on the Internet and in
stationary retail[2].

In the future, merchants will be able to make immediate use of
their sales revenues - any electronic payment made by a consumer,
both on the Internet and in stationary stores, will be credited to
the merchant's business account in real-time. A linked bank account
and debit card allow merchants to have their money at their disposal
immediately and at any time.

Liquidity is the lifeblood of a company - if the available
liquidity becomes scarce, all business-critical processes are quickly
affected. New analytics functionalities within the Wirecard platform
support merchants in liquidity planning and the analysis of
expenditure and profits in their Wirecard account.

If merchants require additional liquidity at short notice,
Wirecard's innovative "Merchant Cash Advance" solution, which is
linked to the merchant's electronic payment volume, serves as an
innovative and uncomplicated financing option for companies.
Depending on the merchant's payment volume history and ongoing sales
forecast calculated in real time, a credit line is always available
to the merchant with one click. The credit is paid back as a
percentage of each payment transaction processed by Wirecard and thus
represents the lowest possible burden on the merchant's liquidity.

Susanne Steidl, Chief Product Officer at Wirecard, said, "The next
generation of our financial commerce platform is an important
milestone for us. The combination of payment acceptance and the
issuing of account- and card-based products is revolutionary and
offers enormous added value for merchants. The forthcoming launch
demonstrates our leading role and pioneering spirit in order to
create solutions that are unique in the marketplace."

Further information can be found at:
https://www.wirecard.com/next-gen/

[1]: Not applicable to all merchant categories
[2]: Shipping of payment terminals for physical retail shops may take
1-5 business days

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 and
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.

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

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