Wirecard extends scope of services for Airline Industry

More than 90 international airlines gain access to Wirecard through ADP CardClear

Berlin, Munich/ Grasbrunn; January 24, 2007; By January 30, 2007, Wirecard AG and Automatic Data Processing, Inc. (ADP), one of the world’s largest independent computer services companies and outsourcing providers, join forces when Wirecard becomes member of ADP CardClear global network of 16 acquiring institutions and card organizations. The cooperation enables ADP’s 90+ international airlines to use Wirecard's payment processing and acquiring services.

ADP Clearing is a division of ADP Inc. Their ADP CardClear service is a unique credit card centralization solution for the airline industry, which enables airlines to centralize funds originating from over 60 International Air Transport Association (IATA) Billing and Settlement Plan (BSP) countries as well as submission of airline direct sales through a single bank acquirer for settlement in the currency of their choice.

The CardClear service is endorsed by IATA as the preferred credit card centralization service for IATA airlines, providing global processing and settlement in conjunction with multi-currency capable acquirers.

As a Principal Member of JCB, one of Asia's leading credit card brands, Wirecard Bank AG adds JCB card acquiring capabilities to the ADP CardClear network and allows participating airlines to address more than 56 million JCB cardholders worldwide.

Deirdre Nolan, Credit Card Manager of ADP CardClear UK says: “We are very pleased with the expansion of our acquirer portfolio to include Wirecard AG. This new link enhances the range of services available for airlines seeking global and regional acquiring solutions, and we are delighted to have the opportunity to work in partnership with Wirecard AG.”

Joerg Moeller, Vice President Sales at Wirecard AG comments: “We highly welcome the new opportunities for our clients arising from the integration with ADP and the inclusion of Wirecard Bank as a new member of ADP CardClear’s acquirer portfolio. Airlines connected to ADP CardClear have now full access to our airline and travel industry solutions through their existing reservation and payment infrastructure.”

ITB Berlin March 07-11, 2007: Travel Technology section hall 6.1 booth 149

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
Wirecard AG is one of the leading global providers of electronic payment and 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.wirecard.com - www.wirecardbank.com

About ADP Clearing
ADP inc., has over 44,000 employees and almost 600,000 customers worldwide. The ADP Clearing division offers a wide range of products and services for the Airline & Travel Industry including the CardClear service. The Clearing Division is also the Data Processing Centre for more than 80 BSPs in the world, and recently signed an eight-year agreement with the International Air Transport Association (IATA) to process the settlement data between Airlines and Travel Agents including the distribution of the worldwide settlement data under the IATA Billing & Settlement plan.

www.adpclearing.com - cardclear.clearing@adpcl.co.uk