Wirecard AG to Process Credit Card Payments for New Lidl Online Shop


MUNICH, Germany, December 8 /PRNewswire/ --     Wirecard AG was commissioned to process credit card payments
for the new online shop launched in November by the retail chain Lidl.

The Lidl online shop represents a further development of the
stationary Lidl offering on the Internet. Schwarz E-Commerce GmbH & Co. KG
from Neckarsulm - like Lidl, a member of the Schwarz group of companies -
presents new special offers each week on www.lidl-shop.de, ranging from
household goods, tools and toys to winter sport articles. In implementing the
project, a great deal of importance was assigned to establishing the shop
from the very beginning on a technologically sophisticated level and
simultaneously exploiting the existing core structures of the Schwarz Group.

"We opted in favor of Wirecard AG as a payment services
provider because of their compelling complete package of 'acquiring and
transaction processing services from a single source' and their technical
expertise and consultancy skills," explains a spokesman for the company. "As
regards to the future development of the shop, it is particularly important
for us to cooperate with a partner who has an international presence, both in
the field of payments and in risk management services."

"In realizing the Lidl shop solution we contributed right from
the outset with our consultancy experience in the fields of payment and risk
management processes. We are pleased to be able to assist the Schwarz
eCommerce team in the course of its future expansion," says Christa Wagner,
Head of Key Account Management Retailservices at Wirecard AG.

About Wirecard AG:

Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions. Worldwide, Wirecard supports over
10,000 companies from many and various industry segments in automating their
payment processes and minimizing cases of default. Wirecard Bank AG provides
account and credit card services both for business and private customers and
is a Principal Member of VISA, MasterCard and JCB. The Internet payment
service Wirecard enables consumers to make secure payments at millions of
MasterCard acceptance outlets worldwide. In addition, registered users can
send or receive money orders to each other on a real-time basis. Wirecard AG
is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060,
WDI).

http://www.wirecard.com

http://www.wirecardbank.de

http://www.mywirecard.com

About Schwarz E-Commerce/Lidl:

Schwarz E-Commerce is a member of the Schwarz Group of companies
headquartered in Neckarsulm (Baden-Wuerttemberg) and operates the Lidl Shop.

The Lidl retail chain - which is part of the Schwarz group of companies
based in Neckarsulm - is one of the leading enterprises in Germany's retail
grocery trade. The 3,000 Lidl branches in Germany provide a wide range of
over 1,500 different articles in everyday use - apart from high-quality
private label brands, the range also extends to include branded articles such
as dairy products, daily fresh fruit and vegetables, fresh meat, poultry and
a wide assortment of different breads. The range is complemented by articles
on special offers, such as textiles, household and electrical appliances or
leisure products.

http://www.lidl-shop.de

http://www.lidl.de

Wirecard media contact:

Wirecard AG
    Iris Stöckl
    Bretonischer Ring 4
    D-85630 Grasbrunn / Munich
    Germany
    Phone: +49(0)89-4424-0424
    Fax:   +49(0)89-4424-0524
    e-mail: iris.stoeckl@wirecard.com
    Internet: http://www.wirecard.com

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.