Wirecard Collaborate with Travelex to Launch New Supercard for British Travellers

Wirecard Collaborate with Travelex to Launch New Supercard for British Travellers

MUNICH, June 14, 2016 /PRNewswire/ --

       
        - Card and App combination enables spending abroad without bank card roaming
          charges 
        - Wirecard acts as issuer and acquirer   

    Wirecard and the leading foreign exchange provider, Travelex today announces the
launch of Supercard. A new MasterCard(R) card and app combination for UK travellers to
avoid overseas debit and credit card roaming fees and charges when spending abroad. Last
year, Travelex introduced Supercard on a pilot basis to help solve traveller spending
woes. After a successful pilot, Supercard is now offering the product to the UK public.

    Within this cooperation, Wirecard acts as the technical service provider and takes
over the whole acquiring processes as well as the risk management. In addition, Wirecard
Card Solutions Ltd, a Wirecard Group company, is the issuer of the Supercard.

    Supercard connects all existing credit and debit cards in one card solution which will
be chip and pin protected. There are no application, registration, administration or usage
fees for spending overseas. Customers simply link their credit or debit card via an app to
their Supercard - with almost instant updates through the app, travellers can keep track
of how much they spend and approximately how much they save. The application process is
simple with no credit checks are involved. Plus, they still benefit from any card reward
points they usually earn. With Supercard, travellers get the MasterCard wholesale exchange
rate. This means Travelex do not add any additional fees or charges when the card is used
for spending in other countries. Supercard is accepted wherever MasterCard cards are
accepted.

    Sean Cornwell, Travelex's Chief Digital Officer says: "At Travelex we're on a mission
to create innovative financial products to help our customers' break down the borders that
limit them from living internationally. Supercard provides them with the power to remove
the boundaries they face when spending abroad, meaning they can travel with the peace of
mind of knowing they're not getting charged fees and charges for spending with their UK
bank cards abroad."

    Jack Harris, Vice President Financial Institutions Europe adds "The Supercard product
is great news for UK travelers and we are delighted to be collaborating with Travelex, the
world's leading foreign exchange specialist, on its launch. The card solution is highly
innovative and Wirecard are providing all aspects of the payment, risk management and
processing technology.  This launch further highlights Wirecard's ability to deliver
complex and innovative solutions into the Financial Technology arena."

    To get Supercard simply go to http://www.travelex.co.uk/Supercard to download the
app and register. Once successfully registered the card will be sent via post. When the
card arrives, use the app to link existing UK debit or credit cards to it. The app is
available for iOS and Android phone devices.

    About Wirecard:  

    Wirecard AG is a global technology group that supports companies in accepting
electronic payments from all sales channels. As a leading independent supplier, the
Wirecard Group offers outsourcing and white label solutions for electronic payments. A
global platform bundles international payment acceptances and methods with supplementary
fraud prevention solutions. With regard to issuing own payment instruments in the form of
cards or mobile payment solutions, the Wirecard Group provides companies with an
end-to-end infrastructure, including the requisite licences for card and account products.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060,
WDI). For further information about Wirecard, please visit http://www.wirecard.com or
follow us on twitter @wirecard.

    About Travelex:  

    Travelex is the world's leading foreign exchange specialist with more than 1,500
stores and 1,250 ATMs across 29 countries, at key airport, seaport, rail and tourist
locations. Over 40% of travellers - 1.7 billion passengers a year - pass through airports
where Travelex operates including the major gateways at Amsterdam, Beijing, Frankfurt,
Hong Kong, London, Mumbai, New York, Paris, Sydney & Tokyo. Every hour Travelex provides
foreign currency to more than 2,000 customers.

       
         
        Wirecard media contact:  
        Wirecard AG 
        Jana Tilz 
        Tel.: +49-(0)89-4424-1363 
        E-Mail: jana.tilz@wirecard.com  
        EmptyBreak:MARKER 
        Travelex media contact:  
        Megan Landauro, Global PR Manager 
        Tel.:  +44-(0)20-7812-5603/ (0)7748-933811 
        E-Mail: megan.landauro@travelex.com  

     

Wirecard AG