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Our Commitment

We are committed to creating more transparency and trust in all we do. Corporate governance, compliance, audits—get first-hand information about company developments here.

WDI business contingency plan

Wirecard AG has existing and in-depth business contingency plans that ensure business operations are fully maintained in the event of various emergency scenarios.

As a technology company, Wirecard AG globally processes cashless payments via its own digital platform to which over 280,000 merchants worldwide are currently connected. One of the most important pillars of these contingency plans is the global, decentralized distribution of redundant Wirecard data centers. These are independent of the known Group locations and of the physical presence of individual Wirecard employees. Payment processing is completely digitalized.

In order to maintain management capacities and decision-making authority, clear representation and power of attorney regulations are in place that include the Management Board and the level of experienced executive vice presidents.

With regard to the current coronavirus situation, Wirecard has formed a special crisis management team that processes the latest information from the Centers for Disease Control (CDC) and the World Health Organization (WHO) and applies the usual measures such as travel restrictions and isolation instructions to the company.

In technological terms, the high-performance IT systems of Wirecard enable it to map remote access for its employees worldwide, even with very large data volumes. This means that in the event of escalation, tasks can be moved between global locations.

Update statement coronavirus

We again have reviewed our budget figures for the first quarter 2020. The statements made on February 27, 2020 continue to apply, also with regard to our EBITDA forecast for the 2020 financial year.
We will update our view accordingly if anything changes.

Statement on coronavirus

We are recognizing a strong additional surge in online transactions in Asia and Europe compensating negative effects from the coronavirus in Airline/Travel business. Currently we do not expect a negative impact on our Q1 2020 group results. We confirm our EBITDA guidance of EUR 1.0 to 1.12 billion for the 2020 financial year. Wirecard does not assume that the consequences of the virus will have a sustained negative impact on financial infrastructure services or internal processes.
We will update our view accordingly if anything changes.

Wirecard rejects accusations of the plaintiff association EFRI as insubstantial

Wirecard AG strongly rejects the accusations of the European Funds Recovery Initiative (EFRI) and the company behind it, Axxelerate GmbH, Vienna. Wirecard does not support unlicensed online trading or gambling sites in any wa...

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Legal Statement FT

Please find in the following a statement by our law firm Bub Memminger & Partner on the current status of the legal proceedings against the Financial Times and Dan McCrum.

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Our financial journey

Transparency is a core value at Wirecard, especially in terms of our financial data. In our presentation, you can find a detailed overview of our revenue, liabilities, growth, and more.

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Facts about the Singapore license

Wirecard currently carries out its operating business in Singapore without any interruption.Singapore’s Payment Services Act (“PSA”) came into force on 28 January 2020 and regulates a range of activities, including merchant a...

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Statements by Thomas Eichelmann, our new Chairman of the Supervisory Board

On KPMG

KPMG is focusing primarily on the issues that were criticized repeatedly in the press, including in Singapore and Dubai. They aim to finish those investigations by the end of March. I leave you to draw your own conclusions from the fact that we have not yet issued an ad hoc announcement.”

Related to the Supervisory Board

However, it is also true that we could greatly benefit from increased capacity and competence on the Supervisory Board to support the Management Board critically and constructively into the next phase.”

“Wirecard is growing extensively in Asia and is also to expand in the USA. So we are considering whether we need even more international experience and expertise. And because I am not supposed to be Chairman of the Supervisory Board and Chairman of the Audit Committee at the same time, we would like to fill the latter position until the Annual General Meeting takes place, as we need more financial expertise.”

Related to the Management Board

But independent of currently active members of the Management Board, we are wondering whether we should expand the Management Board.”

“What matters to me is what the people involved do for the company and whether they fulfill their duties.”

“But, of course, the discussions about the contract extensions and the expansion of the Management Board also lead us to discuss the division of responsibilities.”

On compliance

Let me just say this: Where we are not already, we will become fully state of the art, and we will continue to do everything necessary to achieve this.”