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Wirecard AG
Traded as FWBWDI
Industry Financial services, technology
Founded 1999
Headquarters Aschheim, Germany
Key people
Markus Braun (CEO), Wulf Matthias (Chairman of the supervisory board)
Products Payment processing, electronic payment services, banking, card issuance, Risk Management, Mobile Payment, Mobile Services
Revenue €481.74 million (2013)[1]
Number of employees
1,025 (2013)
Website www.wirecard.com

Wirecard AG (until April 6, 2005: InfoGenie AG) is a global financial services and technology company headquartered in Aschheim, Munich, Germany. Its internet payment service competes with PayPal and Western Union. Wirecard AG is listed on the Frankfurt Securities Exchange.

Financial information[edit]

According to preliminary figures, Group sales revenues of the Wirecard AG were up by 16 percent, from 196.8 million euros in the previous year to 228.3 million euros in 2009. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 16 percent, from 52.4 million euros to 60.8 million euros. Earnings before interest and taxes (EBIT) were up by 15.7 percent, from 49.0 million euros to 56.7million euros.[2]

Wirecard AG is listed on the TecDAX [3] index of Deutsche Börse since September 18, 2006 and now ranks among the 30 largest German technology companies below the DAX.

Products and services[edit]

In November 2006, Wirecard launched an Internet payment service called "Wirecard". By registering online the consumer opens an account at Wirecard Bank which he can load by cash, cards, direct debit, wire transfer or various local payment schemes. The service includes a free virtual prepaid MasterCard for consumers that can be used to pay at millions of MasterCard locations worldwide. In addition to standard MasterCard products, the Wirecard system also enables users to send each other money in real-time. An optional physical MasterCard enables users to pay at 24.7 million MasterCard brick&mortar acceptance points and to withdraw cash at nearly 1 million ATMs worldwide.

Wirecard AG's electronic payment processing and risk management platform supports more than 85 local and international payment and fraud protection schemes. Wirecard AG is a member of ADP CardClear and IATA.

Wirecard's Supplier and Commission Payments (SCP) product enables automated global settlement of payments to suppliers and sales agents. The service is based on an automated issuing of "virtual" credit cards by Wirecard Bank AG. Supplier or commission payouts to be transferred internationally (e.g. payment of intermediary commissions by hotels to travel agencies) can be processed and settled by electronic dispatch of single- and restricted-use “virtual” credit card numbers.

Wirecard Bank AG provides card acquiring services to corporate clients for VISA, MasterCard and JCB. Various types of credit and debit cards are issued for private and corporate customers.

The largest German virtual shopping mall Yatego and Wirecard concluded a contract to improve the credit card acceptance in 2009.[4]

Key Figures[edit]

Year Revenue in mEUR Earnings after taxes in mEUR Employees
(annual average)
2004 6.83 0.053 18
2005 54.13 8.00 323
2006 81.94 15.44 361
2007 134.17 30.47 459
2008 196.79 42.31 442
2009 228.51 45.52 468
2010 271.62 53.97 500
2011 324.80 61.19 498
2012 394.60 73.29 674
2013 481.74 82.73 1,025
2014 601.03 107.93 1,750

Status as of December 31, 2014

Bank status[edit]

Since January 1, 2006 Wirecard Bank AG is part of the Wirecard Group. Wirecard Bank holds a full banking license and is a Principal Member of VISA, MasterCard and JCB. The bank's deposits are secured by the Deposit Protection Fund of the Association of German Banks (Einlagensicherungsfonds deutscher Banken e.V).


  1. ^ "Annual Report 2013" (PDF). Wirecard. Retrieved 28 April 2014. 
  2. ^ "Wirecard AG / Annual Report 2007". 
  3. ^ "Deutsche Börse / Official listing of TecDAX member companies". 
  4. ^ "Yatego enters into Framework Agreement with Wirecard". 

External links[edit]