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Wirecard AG Announces Cooperation with Deutsche Telekom AG


Tuesday, 14 Aug 2012 02:07am EDT 

Wirecard AG announced that based on an agreement signed on August 13, 2012, Deutsche Telekom AG is working with Wirecard AG to implement its payment strategy. As part of this strategic partnership, Wirecard AG will put in place the technical processes for issuing the Telekom MasterCard and support Deutsche Telekom AG in processing payments. The partnership does not only provide the technical basis for the payment card, which will be launched on the German market at the end of the year 2012, but also covers the planned launch of Deutsche Telekom's AG Mobile Wallet in 2013. 

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