Wirecard Employee Benefit Card
Your prepaid card for tax-free rewards to employees.
With our prepaid cards, employees can receive tax-free, non-cash benefits, which they can spend anywhere Mastercard or Visa are accepted. Your company will not only benefit from reduced costs of paying a bonus, but also from increased staff loyalty and retention.
It's more flexible than vouchers and other traditional payment methods that only a limited number of merchants accept.
The Employee Benefit Card may only be used within Germany for all transaction types, including e-commerce.
With the new legal requirements for non-cash benefits that entered into force on 1 January 2020 (§ 8 para. 2 sentence 11 of the German Income Tax Act), the following functions of our Employee Benefit Card have also changed:
- Prepaid cards can only be used within Germany. Payments at POS terminals outside Germany (e.g. in Austria, Switzerland, the Netherlands) will be declined.
- E-commerce payments with prepaid cards are only possible for transactions initiated in Germany. This will result in payments with services like Netflix, Amazon Prime, or Spotify, which are initiated outside Germany, being declined.
Cards that have already been issued need not be replaced.
Prepaid cards are subject to further changes if this legislation is revised or updated.