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Wirecards boon. payments app sees a 55% increase in transaction volume

Tuesday 7 November 2017 13:39 CET | News

Wirecard, a financial technology and payments provider, has released new details about its payments app, boon., launched on the European market. 

boon. is a payments app designed and launched by Wirecard in several European markets, including the UK, Germany, France and Italy. The application offers a virtual credit card service that works on iOS devices. Users can add a credit card, select a PIN and start making payments with their NFC-enabled Apple phones or devices. 

The application does not provide the user’s credit card details, which adds an extra layer of security. Boon. has been successful since launch. Wriecard reports that the average shopping basket value per user has increased by 140% Europe-wide since the launch of boon in Germany. 

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The boon app’s monthly transaction volume also continues to increase across Europe. Since the launch of boon in France and Switzerland in January and February, 2017 an increase in the total transaction volume of about 55% was recorded across Europe. 

So far, boon has, above all, been used at McDonald’s, Lidl and Aldi across Europe.

For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.


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Keywords: Wirecard, boon payments app, payments app, virtual credit card, mobile payments, Apple Pay
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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