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13-12-06

Strategic partnership with fairpartners.com

One of the leading international Internet procurement platforms recommends the new “Wirecard”


Berlin, Munich/Grasbrunn, December 13, 2006: fairpartners.com, one of the leading Internet-based procurement platforms with a procurement volume worth more than one billion euros, has now entered into a cooperative venture with Wirecard AG.

In future, fairpartners will recommend the virtual MasterCard from Wirecard Bank AG to more than 2,500 registered suppliers and approx. 200 buying organizations of the company.

For business clients, the virtual credit card represents a favorably priced, real-time oriented alternative to international transfers. With the ‘Wirecard’, merchants in Europe alone reach hundreds of millions of end-customers who do not have a credit card of their own yet or do not wish to use their physical card for shopping on the Internet.

Manfred Tubach, a Management Board member of Skill Portal AG, which operates fairpartners: “In ‘Wirecard’, we can recommend a simple and secure method of payment to our partners.”

Rüdiger Trautmann, Chief Sales & Marketing Officer at Wirecard AG: “This cooperative venture with fairpartners reflects the attractiveness of the virtual credit card, not only for consumers but also in the business customer segment."

Cost reductions, a secure audit trail and transparency are the key features of Internet-based procurement via fairpartners.com. The fairpartners software enables buyers to perform the complete settlement and documentation of their purchases and assists platform users with a comprehensive service. By relying on fairpartners.com in current procurement processes, buying companies like Allianz, Thomas Cook or Lufthansa have managed to cut their costs by up to 30 percent.

Press Release

Wirecard-Media contact:
Wirecard PR&IR Office
Iris Stöckl
Bretonischer Ring 4
85630 Grasbrunn, Germany
Ph. : +49 (0) 89 4424 0424
Fax: +49 (0) 89 4424 0524
E-Mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com

About Wirecard AG Wirecard AG is one of the leading providers of payment systems with integrated risk management services. The Company provides customers with a wide range of national and global payment options. Being a Principal Member of Visa International Service Associates (VISA), MasterCard Europe sprl. as well as JCB International, Wirecard Bank AG supplements the portfolio of services. The software platform is being used by more than 6,000 enterprises across the globe, including dba, Gulf Air, HSE24 and QVC. Wirecard AG is listed on the German stock exchange in Frankfurt (TecDAX, ISIN DE0007472060, WDI).

www.wirecardbank.com- www.wirecard.com

About fairpartners Cost reductions, a secure audit trail and transparency are the key features of Internet-based procurement via fairpartners.com. The platform offers open and closed tenders as well as various forms of auctions. The fairpartners software enables buyers to perform the complete processing and settlement of their purchases, including documentation, and offers platform users a comprehensive service. The operator of fairpartners.com is Skill Portal AG in Langen / Hesse.

www.fairpartners.com







 

13-12-06  17:45

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