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MarketScreener Homepage  >  Equities  >  Xetra  >  Wirecard AG    WDI   DE0007472060

WIRECARD AG

(WDI)
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Wirecard : adds Google Pay integration to France's Orange Bank

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12/11/2019 | 11:46am EST

Wirecard, the Germany-based card payments platform, and Orange Bank, a startup challenger bank based in France, announced an expansion of their existing relationship to allow all Android users in France the ability to make payments via Google Pay.

Orange Bank says that 17% of all mobile payments in France are made with the Orange Bank app already and this agreement should raise that percentage by a wide margin. The companies cited data showing about 6.6 million consumers or 15.6% of smartphone users in the country made at least one mobile payment at a retail store over a six-month period. 

"We already had very good experiences with Wirecard when we first launched Orange Bank," Stephane Vallous, deputy CEO at Orange Bank, said in a release from Wirecard. "We were therefore delighted to be able to count on the support of our experienced partner for this project as well."

Orange Bank customers will be able to hold their mobile phones to a POS terminal in shops that accept Google Pay in order to make payment.

Copyright © 2019 Networld Media. All rights reserved., source Industry News

Stocks mentioned in the article
ChangeLast1st jan.
ORANGE 0.23% 13.09 Real-time Quote.-0.23%
WIRECARD AG 4.46% 140.6 Delayed Quote.30.79%
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Financials (EUR)
Sales 2019 2 720 M
EBIT 2019 659 M
Net income 2019 529 M
Finance 2019 1 132 M
Yield 2019 0,18%
P/E ratio 2019 33,1x
P/E ratio 2020 24,4x
EV / Sales2019 5,97x
EV / Sales2020 4,51x
Capitalization 17 373 M
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Technical analysis trends WIRECARD AG
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TrendsBullishNeutralNeutral
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 191,36  €
Last Close Price 140,60  €
Spread / Highest target 92,7%
Spread / Average Target 36,1%
Spread / Lowest Target -14,7%
EPS Revisions
Managers
NameTitle
Markus Braun Chief Executive Officer & Chief Technology Officer
Thomas Eichelmann Chairman-Supervisory Board
Jan Marsalek Chief Operating Officer
Alexander von Knoop Chief Financial Officer
Wulf Matthias Member-Supervisory Board
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