Wirecard and Burda Digital Conclude Umbrella Agreement for Payment Services

MUNICH, Germany, November 14, 2013 /PRNewswire/ --

Wirecard AG has gained Burda Digital GmbH, a Hubert Burda Media company, as customer. The umbrella agreement is also valid for its eCommerce holdings, which include both online retail as well as digital services. The agreement spans credit card acceptance (acquiring), provided by Wirecard Bank AG, as well as an option to use additional payment methods. As a result, the companies in the Burda Digital division can use Wirecard's services at the agreed framework conditions.

Dr. Jörg Lübcke, managing director with Burda Digital GmbH, commented: "We are very pleased that we can provide the Burda Digital companies with a highly competent partner in order to efficiently bundle and support the eCommerce activities in our highly varied divisions when it comes to payments."

"The divisions of Burda Digital and Wirecard complement each other perfectly. Framework conditions mean that we can also open up our extensive portfolio of solutions for B2C payment services to the many Burda Digital companies," said Christa Wagner, Executive Vice President Sales Consumer Goods with Wirecard.

About Burda Digital:

BURDA DIGITAL Holding is one of the leading European internet companies linked to a media company. The holding is part of Hubert Burda Media and pools successful digital companies such as XING, the number one business network in Germany and Europe; CHIP Digital GmbH, the leading German media company specializing in consumer technologies; TOMORROW FOCUS AG with the hotel rating and travel booking portal HOLIDAYCHECK, the premium online dating site ELITEPARTNER and FOCUS Online, one of the leading news and consumer information portals. In 2012, the BURDA DIGITAL investments recorded a total turnover of € 1.16 Billion. BURDA DIGITAL Holding is run by Stefan Winners, Board Member of Hubert Burda Media, and Dr. Jörg Lübcke.

About Wirecard AG:

Wirecard AG is one of the world's leading independent providers of outsourcing and white label solutions for electronic payment transactions. The Wirecard Group has been supporting companies in accepting electronic payments from all sales channels. A global multi-channel platform bundles international payment acceptances and methods, supplemented by fraud prevention solutions. When it comes to issuing their own payment instruments in the form of cards or mobile payment solutions, Wirecard provides companies with an end-to-end infrastructure, including the requisite licenses for card and account products.

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

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

Wirecard Media Contact:

Wirecard AG
Maren Brandt
Einsteinring 35
D-85609 Aschheim / Munich
Germany
Ph.: +49(0)89-4424-1425
Fax: +49(0)89-4424-2425
e-mail: [email protected]

Burda Digital  Media Contact:

Hubert Burda Media
Katharina Kirsch
Arabellastraße 23
D-81925 Munich
Tel.: +49(0)89-9250-2065
E-mail: [email protected]
Internet: http://www.hubert-burda-media.com

SOURCE Wirecard AG

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