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Wirecard

Entity Type
Corporation
Link
Website
Industry
Financials
Location
Germany
Founding Date
1999

Wirecard is a German payment processing company that operates one of the world’s fastest-growing digital platforms in the financial commerce industry. It is known for its fraudulent decline and was once a source of German price. The company was established as a German Fintech rollup focused on software that makes payments seamless between consumers, retailers, and credit card companies. Wirecard offers both business clients and consumers a full suite of groundbreaking added-value services for digital payments: online, mobile, and at the point of sale.

Terms

Risk Management

Mentioned by the Following

Entities

The Foundation for Financial Journalism

  • Wirecard was founded in the late 1990s processing payments for early websites—many of them in the vice category (pornography, online dating, online gambling, etc).
  • It is primarily focused on the Western European market.
  • The company later expanded into Asia (mostly remote providences)

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