Under the terms of the deal, Wirecard Bank, part of the Wirecard group, which operates as a credit card acquirer, will provide the airline with technical payment processing and also perform part of the acquiring business.
Wirecard Bank offers private, corporate and e-banking services. The core business of the Wirecard Bank includes corporate and currency accounts, as well as the issue of charge cards within the scope of co-branding and customer retention projects. In February 2011, Wirecard acquired the Dubai-based card management services provider Procard Services.
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