Wirecard Launches New Prepaid Visa Card mycard2go

MUNICH, March 2, 2016 /PRNewswire/ --

• First Visa Simply One combined card 
• Available from many retailers 

A new prepaid Visa card from Wirecard is now available to consumers: mycard2go is easy to top up and can be used in a variety of scenarios, for example online, in high street retailers or abroad. Issued by Wirecard Bank AG, it is the first Visa Simply One combined card, bringing together the functionality of a traditional credit card with that of a V PAY debit card. The solution combines high-level security in the form of PIN entry with global acceptance. In this way, users of the mycard2go prepaid card can make cashless payments at over 24 million Visa acceptance points.

Alexander von Knoop, Executive Board member at Wirecard Bank: "The mycard2go prepaid card offers state-of-the-art functionality. In developing these features, the focus was on the needs of end consumers. We look forward to consistently further developing the product in collaboration with our customers and partners in the coming years. Our goal is to establish our appealing prepaid Visa card solution throughout Europe in tandem with retail partners."

Albrecht Kiel, Regional Managing Director Central Europe at Visa, adds: "Our objective is to fulfil the needs of our customers by leveraging innovations. Our collaboration with Wirecard has enabled this. We are delighted to launch the mycard2go prepaid visa card solution, a modern product which also represents the first Simply One Visa solution on the market."

Consumers are able to obtain the mycard2go prepaid visa card at numerous outlets across Germany - including petrol stations and kiosks - where they can also conveniently top up the cards with cash. One important partner is wholesaler Lekkerland, which supplies more than 58,000 convenience stores, petrol stations and kiosks throughout Germany.

After purchasing, customers simply need to activate their mycard2go by SMS or online, which takes just seconds. This allows them not only to make payments at conventional payment terminals and online, but also to benefit from a range of other services: there is no additional international service fee for payments made outside of the Eurozone. Moreover, there are flexible product levels. For example, mycard2go LIMITED upgrade allows users to top up their card by bank transfer or cash, while the mycard2go ULTIMATE upgrade means that they can withdraw cash at ATMs and make go2go payments between mycard2go cards.

Discover more about the mycard2go Visa prepaid card at: http://www.mycard2go.com/en/.

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.

Wirecard media contact:
Wirecard AG
Maren Brandt
Tel.: +49(0)89-4424-1425
Email: maren.brandt@wirecard.com

About Visa:  

Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries. Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually. There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale. Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories. For more information, visit our website (http://www.visaeurope.com ), the Visa Vision blog (vision.visaeurope.com), and @VisaEuropeNews

Visa media contact:
Adel & Link Public Relations
Sabine Karl / Matthias Adel
Tel.: +49(0)69-153404535
E-Mail: visa@adellink.de