Yatego Enters Into Framework Agreement With Wirecard

MUNICH, Germany, November 11 - Shopping mall operator Yatego GmbH, headquartered in St.
Georgen, Germany, and Munich-based Wirecard AG have entered into a
cooperation agreement, bringing about a substantial improvement in credit
card acceptances. With immediate effect, Yatego merchants will benefit from
the considerably more favorably priced credit card acceptance (acquiring)
services of Wirecard Bank AG. The clearance processes are significantly
faster and less complicated, enabling even more merchants to accept credit
card payments.

Yatego is Germany's largest shopping mall. More than 8,000
online merchants have rented virtual shopping outlets here to sell their
products, ranging from automobiles and electrical appliances all the way
through to pet food and associated articles. However, Yatego does not only
make the platform available to shop operators: associated merchants also
stand to benefit from extensive consultancy and related services in
connection with the sale of new merchandise. Another highlight is that Yatego
has entered into general framework agreements with leading providers to make
their services available directly to merchants - such as the current credit
card acceptance system involving Wirecard Bank AG.

In cooperation with payment services provider EOS Payment
Solutions GmbH, Yatego had been searching for a new banking partner in the
field of acquiring services. Stephan Peltzer, CEO of Yatego, explains: "To
us, the merchant is of primary importance. It was important to us to find a
strong partner with online expertise and technology know-how. A speedy
clearance procedure, prime conditions and pricing along with good customer
service are of vital importance to us. And Wirecard AG certainly meets these
exact needs."

"With our integrated solution, Yatego provides shop operators
with substantial added value," adds Haldun Dagistan, Sales Manager for
Consumer Goods at Wirecard AG. "Efficient processes in connection with
allocating credit card acceptance services ensure that merchants can acquire
fast access to the most frequently used method of payment on the Internet:
the credit card."

About Yatego:

With some 10 million visitors, Yatego - Germany's largest shopping mall
- is one of the leading eCommerce portals on the German-language Internet.
Customers can choose from over 3.2 million articles. Placing orders is
simple. Payment transactions are secured by an independent fiduciary payment
system as well as credit card payment facilities. For successful online
sales, Yatego provides merchants with individually tailored, top-performance
package solutions along with an extensive range of services. As many as 8,000
specialist merchants and retailers already use Yatego for their Internet
trading activities. The company is headquartered in St. Georgen in the Black
Forest; its CEO is Stephan Peltzer.

About Wirecard AG:

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

www.wirecard.com | www.wirecardbank.com |

www.mywirecard.com

    Wirecard media contact:

    Wirecard AG
    Iris Stöckl
    Bretonischer Ring 4
    D-85630 Grasbrunn / Munich
    Germany
    Ph.: +49(0)89-4424-0424
    Fax: +49(0)89-4424-0524
    e-mail: iris.stoeckl@wirecard.com
    Internet: www.wirecard.de

    Yatego media contact:

    Yatego GmbH
    Thérèse Mattheis
    Leopoldstr. 1
    78112 St. Georgen
    Tel.: +49(0)7724-91-56-10
    E-mail: presse@yatego.com
    Internet: www.yatego.com

Wirecard media contact: Wirecard AG, Iris Stöckl, Bretonischer Ring 4, D-85630 Grasbrunn / Munich, Germany, Ph.: +49(0)89-4424-0424, Fax: +49(0)89-4424-0524, e-mail: iris.stoeckl at wirecard.com; Yatego media contact: Yatego GmbH, Thérèse Mattheis, Leopoldstr. 1, 78112 St. Georgen, Tel.: +49(0)7724-91-56-10, E-mail: presse at yatego.com