Wirecard Launches Mobile Card Reader Solution for Smartphones

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August 14, 2012
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Wirecard Launches Mobile Card Reader Solution for Smartphones

MUNICH, Germany, August 14, 2012/PRNewswire/ --

   
    - White-label program incl. wallet app
    - Mobile card acceptance via credit card and direct debit at point of sale

    Munich-based Wirecard AG has once again proved its innovational prowess with its new
card-reader concept for smartphones. The white-label program comprises various card-reader
solutions, the associated card acceptance and wallet application, as well as open
interfaces for developers. The card readers are connected to smartphones or tablets and
support both the EMV standard as well as magnetic stripes for mobile card payments at the
point of sale. The end customer confirms payment via a touchscreen signature or via PIN
entry.

    This solution is suitable for all industries. In particular SMEs that want to operate
flexibly, independent of traditional terminal solutions, while offering secure card
payments using mobile devices are potential users for the card reader. The fact that no
additional terminal hardware is required is of particular advantage. Wirecard Bank AG
provides card acceptance for the SEPA region. However other acquiring banks can be
integrated around the world.

    An innovative provider of cash-desk and settlement systems for the gastronomy sector
will already start to roll-out the card reader in August 2012.

    "New mobile technologies provide impetus on the market for payment services, and drive
convergence," explained Dr. Markus Braun, Wirecard AG's CEO. "We use the entire bandwidth
of the group's services: from payment processing to banking services, product design to
marketing support."

    About Wirecard:

    Wirecard AG is one of the leading international providers of electronic payment and
risk management solutions. Worldwide, the Wirecard Group supports over 13,000 companies
from a wide range of industry segments in automating their payment processes and
minimizing cases of default Wirecard Bank AG is a Principal Member of Visa, MasterCard and
JCB and operates as a credit card acquirer in 69 countries around the world, involving
over 100 transaction currencies and 18 payout currencies. Part of the Wirecard Group,
Wirecard Bank provides innovative solutions in the fields of corporate banking, prepaid
and co-branded cards, along with account products for both business and private customers.

    Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060,
WDI).

    http://www.wirecard.de | http://www.wirecardbank.de | http://www.mywirecard.com

   
    Wirecard media contact:
    Wirecard AG
    Maren Brandt
    Einsteinring 35
    85609 Aschheim
    Tel.: +49(0)89-4424-1425
    Fax: +49(0)89-4424-2425
    E-mail: maren.brandt@wirecard.com
    Internet: http://www.wirecard.de

Source: Wirecard AG

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