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Wirecard Bank and ICP Companies strenghten their strategic market ...

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Corporate News<br />

<strong>Wirecard</strong> <strong>Bank</strong> <strong>and</strong> <strong>ICP</strong> <strong>Companies</strong> <strong>strenghten</strong> <strong>their</strong><br />

<strong>strategic</strong> <strong>market</strong> position in the merch<strong>and</strong>ise trade<br />

segment<br />

Two cooperation agreements signed recently<br />

Grasbrunn/Munich, August 17, 2010; <strong>ICP</strong> <strong>Companies</strong> Group <strong>and</strong> <strong>Wirecard</strong><br />

<strong>Bank</strong> AG (a subsidiary of <strong>Wirecard</strong> AG), signed two agreements providing<br />

for <strong>strategic</strong> cooperation early this month. In the process, the two<br />

enterprises st<strong>and</strong> to benefit from <strong>strategic</strong> advantages in the brick & mortar<br />

trading segment.<br />

The <strong>Wirecard</strong> <strong>Bank</strong> will be given access to more than 100,000 point-of-sale<br />

card recharging stations of major trading partners in Europe. Accordingly in<br />

future, it will be possible to acquire <strong>and</strong> reload prepaid cards (both Visa <strong>and</strong><br />

MasterCard) issued by the <strong>Wirecard</strong> <strong>Bank</strong> at even more PoS stations with<br />

cash in real time.<br />

Moreover, the two companies plan to cooperate closely in the field of<br />

issuing <strong>and</strong> processing eCash-based gift cards. <strong>ICP</strong> As one of the first<br />

cooperative ventures of this kind in the SEPA region, the <strong>ICP</strong> <strong>Companies</strong><br />

<strong>and</strong> <strong>Wirecard</strong> <strong>Bank</strong> already offer a holistic solution for eCash-based gift<br />

cards in compliance with the EU E-Money. 1<br />

Dr. Winfried Jerono, <strong>ICP</strong> Managing Director, says: “We assign a great deal<br />

of importance to long-term partnerships conducted in a spirit of mutual<br />

trust—partnerships that enable us to provide our clients <strong>and</strong> the <strong>market</strong><br />

with the ideal solution at exactly the right point in time. We will soon extend<br />

our cooperative venture with the <strong>Wirecard</strong> <strong>Bank</strong> to include additional<br />

customer-oriented services.”<br />

<strong>ICP</strong> <strong>Companies</strong> is one of the leading European full-service providers in the<br />

merch<strong>and</strong>ise trade involving electronic transactions in the field of<br />

payments, prepaid products <strong>and</strong> loyalty management. Operating via its<br />

German subsidiaries <strong>ICP</strong> Transaction Solutions GmbH, <strong>ICP</strong> International<br />

Cash Processing GmbH <strong>and</strong> <strong>ICP</strong> Entwicklungs GmbH, <strong>ICP</strong> <strong>Companies</strong> is<br />

one of the <strong>market</strong> leaders in the field of non-bank settlement of<br />

brick & mortar, mobile <strong>and</strong> web-based cashless payment processes in<br />

Germany.<br />

1 The current E-Money Directive enacted by the European Parliament must be<br />

implemented into national law in all EU member states by April 30, 2011.<br />

<strong>Wirecard</strong> AG | Bretonischer Ring 4 | 85630 Grasbrunn / Munich | Germany 1<br />

Phone: +49 (0) 89 / 4424 - 0400 | Fax: +49 (0) 89 / 4424 - 0500<br />

e-mail: press@wirecard.com | www.wirecard.com


“We look forward to mutually agreeable collaboration with the <strong>ICP</strong> Group.<br />

The services offered by both partners complement each other ideally,<br />

particularly as regards our efforts to exp<strong>and</strong> our co-br<strong>and</strong>ing card range of<br />

services as a card-issuing bank,” adds Burkhard Ley, CFO of <strong>Wirecard</strong><br />

AG.”<br />

<strong>Wirecard</strong> Media Contact:<br />

<strong>Wirecard</strong> AG<br />

Iris Stöckl<br />

Bretonischer Ring 4<br />

D-85630 Grasbrunn / Munich<br />

Germany<br />

Ph.: +49 (0) 89 4424 0424<br />

Fax: +49 (0) 89 4424 0524<br />

e-mail: iris.stoeckl@wirecard.com<br />

<strong>ICP</strong> media contact:<br />

<strong>ICP</strong> Transaction Solutions GmbH<br />

Verena Brunckhorst<br />

Antoniusstr. 2<br />

D-54290 Trier<br />

Germany<br />

Ph.: +49 (0) 651 9662 131<br />

e-mail: verena.brunckhorst@icp-companies.com<br />

Internet: www.icp-ts.de<br />

About <strong>ICP</strong>:<br />

<strong>ICP</strong> <strong>Companies</strong> is one of the leading European full-service providers in the<br />

merch<strong>and</strong>ise trade. <strong>ICP</strong> offers all solutions from a single source: a “terminal<br />

acceptance settlement service”, whether over-the-counter, integrated into a cash<br />

desk, through an ATM, by PC or via the Internet. <strong>ICP</strong> <strong>Companies</strong>, a technical<br />

network operator for electronic payments, disposes of state-of-the-art systems <strong>and</strong><br />

solutions for payments by using bank, credit <strong>and</strong> customer cards. With more than<br />

100 million payment transactions at the highest level of security each year, <strong>ICP</strong> is<br />

one of the <strong>market</strong> leaders in this field. The portfolio of products <strong>and</strong> services<br />

comprises the development <strong>and</strong> availability of all the hardware <strong>and</strong> software, full<br />

transaction-oriented database management within its own authorization <strong>and</strong><br />

clearing center, system integration <strong>and</strong> customizing as well as the development of<br />

ePayment security systems for web shops <strong>and</strong> call centers. Its partners operating<br />

with a global reach include such groups as Lekkerl<strong>and</strong>, Schlecker, T-Mobile, T-<br />

Systems <strong>and</strong> Vodafone.<br />

<strong>Wirecard</strong> AG | Bretonischer Ring 4 | 85630 Grasbrunn / Munich | Germany 2<br />

Phone: +49 (0) 89 / 4424 - 0400 | Fax: +49 (0) 89 / 4424 - 0500 |<br />

e-mail: press@wirecard.com | www.wirecard.com


About <strong>Wirecard</strong> AG:<br />

<strong>Wirecard</strong> AG is one of the leading international providers of electronic payment <strong>and</strong><br />

risk management solutions. Worldwide, the <strong>Wirecard</strong> Group supports over 11,000<br />

companies from many <strong>and</strong> various industry segments in automating <strong>their</strong> payment<br />

processes <strong>and</strong> minimizing cases of default.<br />

<strong>Wirecard</strong> <strong>Bank</strong> AG is a Principal Member of Visa, MasterCard <strong>and</strong> JCB <strong>and</strong><br />

operates as a credit card acquirer in more than 69 countries around the world,<br />

involving over 100 transaction currencies <strong>and</strong> 15 payout currencies. Part of the<br />

<strong>Wirecard</strong> Group, <strong>Wirecard</strong> <strong>Bank</strong> provides innovative solutions in the fields of<br />

corporate banking, prepaid <strong>and</strong> co-br<strong>and</strong>ed cards, along with account products for<br />

both business <strong>and</strong> private customers.<br />

<strong>Wirecard</strong> AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN<br />

DE0007472060, WDI).<br />

www.wirecard.de | www.wirecardbank.de | www.mywirecard.com<br />

<strong>Wirecard</strong> AG | Bretonischer Ring 4 | 85630 Grasbrunn / Munich | Germany 3<br />

Phone: +49 (0) 89 / 4424 - 0400 | Fax: +49 (0) 89 / 4424 - 0500 |<br />

e-mail: press@wirecard.com | www.wirecard.com

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