Wirecard announces strategic partnership with HERE Mobility to launch integrated smart mobility solutions

Aschheim (Munich) (ots) -

- HERE Mobility (https://mobility.here.com/) is the world's first
neutral, open marketplace connecting real-time mobility supply
and demand to drive mobility efficiency, with over 2 million
vehicles across Europe, Latin America, and the US
- The companies will collaborate on projects aimed at capitalizing
on payment and geolocation services
- Wirecard sees "Commerce on the Move" as a new megatrend and
expects a transaction potential of over EUR 10 billion per year
via its platform when all HERE Mobility services are rolled out
- First product showcases will be presented at CES in Las Vegas in
early 2020

Wirecard, the global innovation leader for digital financial technology, is
collaborating with HERE Mobility, to jointly develop integrated B2B2C payment
and mobility services. HERE Mobility is the mobility unit of HERE Technologies,
a global leader in location platform services owned by automotive companies
including Audi, BMW and Daimler. HERE Mobility operates an open and competitive
smart mobility marketplace for all transportation services. Over 2 million
vehicles are connected to HERE Mobility's Marketplace across Europe, Latin
America, and the US.

Wirecard and HERE Mobility will collaborate on a variety of projects aimed at
capitalizing on the payment and geolocation services both companies already
offer, including innovation cases in the area of predictive mobility services.
Wirecard sees "Commerce on the Move" as a new megatrend and expects a
transaction potential of over EUR 10 billion per year via its platform when all
services are rolled out.

An initial project will be to integrate HERE Mobility's Marketplace into
boon.PLANET, Wirecard's digital banking and payment app. As a result,
boon.PLANET users will be able to search, book and pay for rides using the
embedded HERE Mobility Marketplace without leaving the boon.PLANET app.

Wirecard's intelligent digital platform will be able to process customers'
geolocation and mobility profiles for additional value added services.
Additional projects include offering mobility services with an integrated
payment flow for merchants in the travel and leisure industry, including
airlines, hotels, restaurants and stadiums. Furthermore, the companies plan to
work together in the area of personalized data solutions for businesses and
end-consumers leading for example to predictive ride services. It is also
planned for Wirecard to act as payment service provider for HERE Mobility.

The cooperation comes at a time when MaaS (Mobility-as-a-Service) solutions,
such as platforms where users can book public and private transportation
services without the need of a personal vehicle, are entering the market on a
global scale. According to Statista, the mobility services market in Europe is
expected to surpass EUR 400 billion by 2030. In China, that figure is set to
exceed EUR 580 billion.

"We are excited to enter into a strategic alliance with Wirecard and benefit
from the digital payment expertise they bring to the table," commented Liad
Itzhak, SVP Head of Mobility at HERE Mobility. "Combined with our smart mobility
solutions, we see our joint projects with Wirecard as having an enormous
potential to revolutionize mobility services on a global scale."

"As mobility services become a part of consumers' daily lives, and the personal
vehicle takes the back seat, we find it essential to be at the forefront of this
mobility revolution," added Michael Santner, VP for Strategic Alliances at
Wirecard. "Both Wirecard and HERE Mobility will bring the best of their
platforms to this cooperation, and we look forward to launching new and exciting
projects."

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 HERE Mobility:

HERE Mobility is the mobility business unit of HERE Technologies, aiming to
democratize the mobility ecosystem in order to achieve mobility efficiency. With
its cutting-edge technology, HERE Mobility has created an open and competitive
smart mobility marketplace for all transportation services, connecting mobility
supply and demand in real-time to empower people and businesses worldwide. By
providing the right tools and technologies, HERE Mobility makes MaaS easy to use
and accessible for everyone worldwide. Since HERE Mobility's launch in January
2018, transportation suppliers from over 500 cities in Europe, the U.S., and
Latin America have joined the HERE Mobility Marketplace with a total of more
than 2 million vehicles. The HERE Mobility Marketplace is already operational in
dozens of cities worldwide including LA, Amsterdam, Athens and Barcelona and is
expected to open in over 100 cities in 2019. Learn more:
https://mobility.here.com/

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