Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, March 14 2018 - 17:30
AsiaNet
Wirecard Expands its Business in Asia and Gains Mizuho Bank as a New Customer for Acquiring and Issuing Services
MUNICH, March 14, 2018 /PRNewswire-AsiaNet/ --

    - Wirecard will be providing acquiring and issuing services to Mizuho 
corporate clients within the Asia region
    - Mizuho benefits from Wirecard's wide range of banking services from one 
hand 

    Wirecard, the leading specialist in digital financial technology, has 
gained Mizuho Bank, Ltd. ("Mizuho Bank"), one of the worldwide largest 
financial institutions, as its new customer. Within the cooperation, Wirecard 
is providing acquiring and issuing services to Mizuho Bank's corporate clients 
within the Asian region. Through the partnership with Wirecard, as the leading 
payment provider in Asia, Mizuho Bank is able to offer its Japanese customers a 
complete range of banking services from a single source requiring minimal 
administrative effort. Mizuho Bank thus benefits from Wirecard's network in 
Asia.

    In addition to its financial and strategic services, Mizuho Bank will now 
be able to offer all clients value-added-solutions. For example, customers can 
make use of the acquiring services without opening an extra bank account. 
Thanks to the cooperation with Wirecard, Mizuho Bank is able to offer its 
customers a payment ecosystem, where all the services are bundled.

    Mr Takeshi Ohashi, General Manager of Global Transaction Banking at Mizuho 
Bank, points out: "Our objective is to support our clients wherever they 
operate. Through our cooperation with Wirecard, we can offer a wider set of 
solutions and provide our customers with optimal value-added-services for their 
businesses."

    "With Wirecard as our preferred partner, we are able to widen the scope of 
our value proposition to these clients. As such, we see great potential in the 
partnership and we are planning to extend it further geographically", adds 
Thomas Ng, Head of East Asia region, Global Transaction Banking at Mizuho Bank.

    Jeffry Ho, Regional Managing Director at Wirecard, says: "It is a great 
pleasure for us to work with one of the largest financial institutions in the 
world and support them with our infrastructure and expertise. We are very 
familiar with the Asian market and know its characteristics through our 
experience. Therefore, we are able to meet the specific needs of Mizuho Bank's 
customers."

    For more information, visit Wirecard's booth G40 at Money2020 Asia, from 
13th to 15th March 2018 in Singapore at Marina Bay Sands Expo & Convention 
Centre.

    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 Mizuho Bank:

    Mizuho Bank provides financial and strategic solutions for the increasingly 
diverse and sophisticated needs of clients, focusing its efforts on serving 
major corporations, financial institutions, individuals, public sector entities 
and small and medium-sized enterprises. With offices in 38 countries and 
regions, Mizuho Bank offers clients both localized service and the extensive 
reach of a global business network. Mizuho Bank is a subsidiary of the 
Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest 
financial services companies in the world, with total assets of approximately 
$1.7 trillion. http://www.mizuhobank.com

    Wirecard media contact:

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

SOURCE: Wirecard AG