Wirecard and Crédit Agricole Payment Services announce next stages of strategic partnership

Aschheim (Munich) (ots) -

- Wirecard and Crédit Agricole Payment Services (CAPS) have agreed on
joint commercial business routes for tier 1 merchants
- Wirecard will equip CAPS with its next-generation digital Financial
Commerce Platform
- CAPS will offer Wirecard's unique branded e-commerce shop extension
service to their customers for a state-of-the-art Unified Commerce
experience
- French merchants can offer consumers the best digital shopping
experience

Wirecard, the global innovator leader for digital financial
technology, and Crédit Agricole Payment Services (CAPS), a
fully-owned subsidiary of Crédit Agricole, are today announcing the
next stages of their digital payment agreement. Within the scope of
the partnership, the two companies are shaping the future of digital
commerce together and cooperating to launch a range of cross-channel
acceptance and pan-European acquiring services.

Since the latest update, Crédit Agricole Payment Services is the
first European partner to benefit from Wirecard's new e-commerce shop
extension solution. It will be available at the end of the year,
after a pilot phase that will start at the end of summer. Thanks to
automatic updates, merchants are able to constantly optimize the
digital shopping experience for consumers and offering a
state-of-the-art Unified Commerce solution.

Following a comprehensive technical integration of their
technologies, Wirecard and CAPS have agreed on joint commercial
business routes for tier 1 merchants and have already issued concrete
business plans to hundreds of large strategic accounts. These
customers will benefit from new e-commerce payment acceptance and
acquiring services, developed by Wirecard, which the two companies
are jointly bringing to market.

Bertrand Chevallier, CEO at Crédit Agricole Payment Services,
said, "Our partnership with Wirecard means for us taking big steps in
terms of bringing value-added services to customers of Crédit
Agricole that improve the user experience. We are focusing on
innovations to our merchants in France and the whole of Europe."

Thorsten Holten, EVP FinTech & Financial Institutions at Wirecard,
added, "Since announcing our partnership, we have been working
constantly on developing joint state-of-the art digital payment
solutions as well as an effective go-to-market strategy, especially
for tier 1 customers. Once it is in place, we will work on expanding
our offering including our unique white labelling proposition aimed
at accelerating the integration of merchants' online shops with our
innovative financial commerce platform."

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.

About Crédit Agricole Payment Services:

Crédit Agricole Payment Services is France's leading provider of
payment solutions with a market share of almost 30% and more than 10
billion transactions processed in 2017. Crédit Agricole Payment
Services offer a complete payment expertise, combining ease of use
and security.

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