Wirecard and MyOrder Cooperate in the Field of FinTech to Launch Shared Wallet Named GRPPY

MUNICH, June 9, 2016 /PRNewswire/ --

• Download in all app stores in the Netherlands 
• Sharing group expenses via an App 

The Wirecard Group and MyOrder B.V. (a Rabobank Company) cooperate to create new FinTech solutions. Wirecard and MyOrder now enabled GRPPY (Grouppay, http://www.grppy.com) to create a shared wallet. GRPPY is Rabobank latest startup and is using the platform of MyOrder, for which Wirecard already provides the complete wallet infrastructure as a technical service provider. GRPPY, the group wallet on your mobile, is available for download in all app stores in the Netherlands.

The GRPPY app helps people share expenses in a convenient mobile way. People can for example collect money and keep a shared balance for buying tickets for festivals or can share the tab for an evening out. All of this can now be done by creating a group, invite the group members to join and deposit money via iDEAL. One person within the group can spend the money on behalf of the members. Top-ups and spendings can be traced by all group members.

"MyOrder wants to make life more easy for people through mobile innovations, often with a financial component. Splitting the bill is always a hassle in groups, a mobile group wallet really solves that problem." says Gertjan Rösken, CTO at MyOrder.

Susanne Steidl, Executive Vice President Issuing at Wirecard adds: "We are pleased that we can expand our cooperation with MyOrder in the field of FinTech. We want to support new and innovative companies to bring new mobile payment products to the market. As a partner we pave the road to more advanced and additional services for startups."

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 MyOrder B.V.:  

MyOrder is a bank-independent platform for mobile services, loyalty and payments MyOrder was founded in 2008 by entrepreneur Thomas Brinkman (1983) and was acquired by Rabobank in 2012. MyOrder is a unique m-commerce and loyalty platform, which regularly introduces new innovative solutions for different usage and branches. For more information, please visit http://www.myorder.nl

Wirecard media contact:

Wirecard AG
Jana Tilz
Tel: +49-(0)89-4424-1363
E-Mail: jana.tilz@wirecard.com

MyOrder media contact:

MyOrder B.V.
Arlette Broex
Tel: +31-(0)50-318-30-39
E-Mail: Arlette@myorder.nl