Payment Processing - Business and Best Practise: Wirecard at the Mail Order World 2009

MUNICH - From 30 September 2009 Wirecard AG will be present for two days at this year’s Mail Order World in Wiesbaden, Germany. Interested visitors can find compelling proof of the comprehensive range of services offered by this Munich-based technology enterprise. These range from electronic payments processing for all distribution channels and risk management all the way through to the associated banking services.

The Mail Order World is the leading specialist trade fair for the mail order industry in Europe. Accompanying the German Mail Order Congress with its motto for this year, “Online fuhrt!” (online leads), at the Mail Order World the latest trends and technological developments for the mail order industry are presented.

In this particular environment, Wirecard AG focuses especially on the subject of risk management in regards to E-Retail. After all, the possibilities available for managing payment defaults and avoiding fraud are becoming increasingly important for companies planning on boosting their revenue and earnings figures.

Wirecard AG (Booth 441) provides information on how merchants can maximize their sales and profits while simultaneously ensuring - and even enhancing - a high level of customer satisfaction. Professional risk management provides support in particular by means of complex decision-making strategies. In the process, leading-edge technologies and flexible processes are deployed, for instance in intelligently linking customer, order and payment data within a single order process.

“Using the Wirecard system and on the basis of the functionalities and versatile solution modules of our risk management platform, we also provide merchants with the dynamic credit limit (Decision Engine) solution, among others. Each transaction inquiry is initially received by us at the time of the order, no matter whether this occurs via the Internet or from call centers. With the aid of an intelligent decision-making logic and by using customer data, the system generates an individual credit limit for the current order process and makes the possible payment method available in real time,” says Christa Wagner, Head of Sales Key Account Management Retail Services & E-Commerce at Wirecard AG in explaining what happens in practice, adding: “The result is a risk-optimized system of payment management for new and portfolio customers.”

In supplementation, the PCI DSS-compliant Wirecard platform ensures that the entire spectrum of services in connection with online payment processing is permanently available to merchants. Particularly in cross-border trade, they benefit from the integration of international and national methods of payment.

Via a single contact person, the Wirecard Group also guarantees credit card acceptance (acquiring) via Wirecard Bank AG. The complicated triangular relationship between merchant, payment services provider and an acquiring bank is eliminated in the process. As an acquirer, the Wirecard Bank operates in more than 69 countries and provides merchants engaged in brick&mortar and online business with more than 100 transaction and 15 payout currencies. Particularly in cross-border trade, the supporting services of the bank in the field of currency management or currency accounts generate added value. In this context, merchants secure significant liquidity benefits.

The Wirecard-Team will be pleased to answer any questions you may have at the Mail Order World, Rhein-Main-Hallen, Wiesbaden in Hall 4, Booth 441.

About Wirecard:

Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, Wirecard supports over 10,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG provides account and credit card services both for business and private customers and is a Principal Member of VISA, MasterCard and JCB. The Internet payment service Wirecard enables consumers to make secure payments at millions of MasterCard acceptance outlets worldwide. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

www.wirecard.com www.wirecardbank.de www.mywirecard.com Wirecard media contact: Wirecard AG Iris Stockl Bretonischer Ring 4 D-85630 Grasbrunn Tel: +49(0)89-4424-0424 Fax: +49(0)89-4424-0524 E-mail: iris.stoeckl@wirecard.com Internet: www.wirecard.com

Source: Wirecard AG

Wirecard media contact: Wirecard AG, Iris Stockl, Bretonischer Ring 4, D-85630 Grasbrunn, Tel: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, E-mail: iris.stoeckl at wirecard.com