Wirecard expands cooperation with lastminute.com for global digital payments

Aschheim (Munich) (ots) -

- Wirecard announces collaboration with lastminute.com, part of lm
group, as an international payment acceptance provider
- Recently, lm group processed a Gross Transaction Value (GTV) of EUR
2.3 billion globally

Wirecard, the global innovation leader for digital financial
technology, is expanding its collaboration with lastminute.com and is
taking over payment acceptance for the online travel and leisure
retailer as one of its acquiring partners. In addition to the issuing
of B2B and B2C travel cards, payments carried out on lastminute.com
will be handled by Wirecard via the company's digital financial
commerce platform.

lastminute.com, part of lm group, a leading European travel
company with a diverse brand portfolio offering a variety of travel
services, has been collaborating with Wirecard in the field of
Supplier and Commission Payments (SCP) for subsidiaries of
lastminute.com for several years. In 2018, the two companies then
jointly launched the lm Card, a multi-currency Visa card for
travelers.

The business partnership has now developed on an international
scale, to deliver fast, secure and reliable payment acceptance for
both the merchant and the customer.

lm group recently processed a Gross Transaction Value (GTV) of EUR
2.3 billion globally. This is in line with the widespread trend of
booking travel services online. According to Statista, between 2018
and 2023, the number of consumers using an online travel booking
service, including those for package holidays, hotels and vacation
rentals, is expected to grow by 28%. In the same time period, a 35%
growth is projected for the number of users taking advantage of
online mobility booking services, including those for flights,
trains, cars and buses. Worldwide, revenue for the eTravel market
will reach EUR 1.3 trillion by 2023.

"We are excited to expand our cooperation with lastminute.com and
bring them in to our digital financial commerce platform," said Jan
Rübel, Head of Sales Travel & Mobility at Wirecard. "We have a long
and successful track record of providing lastminute.com with
tailor-made digital financial services. Now that payments are
completely seamless, digital and reliable, consumers can concentrate
on preparing for their dream vacation. We look forward to continuing
the expansion of our business relationship with lastminute.com on a
global scale."

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 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 lives of
travelers. Every month, the Group touches 60 million users across all
its websites and mobile apps (in 17 languages and 40 countries) that
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

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