Wirecard Expands its Business in Asia and Gains Mizuho Bank as a New Customer for Acquiring and Issuing Services

PR72666

MUNICH, March 14, 2018 /PRNewswire=KYODO JBN/ --

    - Wirecard will be providing acquiring and issuing services to Mizuho

corporate clients within the Asia region

    - Mizuho benefits from Wirecard's wide range of banking services from one

hand

    Wirecard, the leading specialist in digital financial technology, has

gained Mizuho Bank, Ltd. ("Mizuho Bank"), one of the worldwide largest

financial institutions, as its new customer. Within the cooperation, Wirecard

is providing acquiring and issuing services to Mizuho Bank's corporate clients

within the Asian region. Through the partnership with Wirecard, as the leading

payment provider in Asia, Mizuho Bank is able to offer its Japanese customers a

complete range of banking services from a single source requiring minimal

administrative effort. Mizuho Bank thus benefits from Wirecard's network in

Asia.

    In addition to its financial and strategic services, Mizuho Bank will now

be able to offer all clients value-added-solutions. For example, customers can

make use of the acquiring services without opening an extra bank account.

Thanks to the cooperation with Wirecard, Mizuho Bank is able to offer its

customers a payment ecosystem, where all the services are bundled.

    Mr Takeshi Ohashi, General Manager of Global Transaction Banking at Mizuho

Bank, points out: "Our objective is to support our clients wherever they

operate. Through our cooperation with Wirecard, we can offer a wider set of

solutions and provide our customers with optimal value-added-services for their

businesses."

    "With Wirecard as our preferred partner, we are able to widen the scope of

our value proposition to these clients. As such, we see great potential in the

partnership and we are planning to extend it further geographically", adds

Thomas Ng, Head of East Asia region, Global Transaction Banking at Mizuho Bank.

    Jeffry Ho, Regional Managing Director at Wirecard, says: "It is a great

pleasure for us to work with one of the largest financial institutions in the

world and support them with our infrastructure and expertise. We are very

familiar with the Asian market and know its characteristics through our

experience. Therefore, we are able to meet the specific needs of Mizuho Bank's

customers."

    For more information, visit Wirecard's booth G40 at Money2020 Asia, from

13th to 15th March 2018 in Singapore at Marina Bay Sands Expo & Convention

Centre.

    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 Mizuho Bank:

    Mizuho Bank provides financial and strategic solutions for the increasingly

diverse and sophisticated needs of clients, focusing its efforts on serving

major corporations, financial institutions, individuals, public sector entities

and small and medium-sized enterprises. With offices in 38 countries and

regions, Mizuho Bank offers clients both localized service and the extensive

reach of a global business network. Mizuho Bank is a subsidiary of the

Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest

financial services companies in the world, with total assets of approximately

$1.7 trillion. http://www.mizuhobank.com

    Wirecard media contact:

    Wirecard AG

    Jana Tilz

    Phone: +49(0)89-4424-1363

    Email: jana.tilz@wirecard.com

SOURCE: Wirecard AG