Wirecard Signs with Wizz Air, the Largest Low-Cost Airline of CEE

ASCHHEIM, Germany, September 7, 2016 /PRNewswire/ --

• Acquiring for central and eastern Europe's largest low-cost carrier
• Payment settlement in nearly 20 currencies

From now on, Wirecard AG will handle payment services in the field of card acceptance (acquiring) for the largest low-cost carrier of Central and Eastern Europe, Wizz Air, the headquarters of which are located in Budapest, Hungary. Regardless of whether a customer hails from Barcelona, London or Warsaw, should they wish to book their flight online at wizzair.com, they have a choice between paying by Visa, MasterCard or Maestro. Wirecard supports payment settlement in nearly 20 currencies.

Over the past twelve years, Wizz Air has become the largest low cost carrier in Central and Eastern Europe. With a total of 19.2 million passengers in 2015, the listed airline increased its passenger volume by 22% year on year. Wizz Air currently offers more than 460 routes to 38 countries in Europe and beyond. With the help of its ever-growing route network, WIZZ is democratizing air travel by offering low fares paired with excellent on-board experience.

András SebÅ'k, Head of Corporate Finance and Fleet Acquisition at Wizz Air said: "Wizz Air is focused on every controllable cost item of this business. For us, service and innovation are a priority and we work hard to ensure that our passengers have a smooth and hassle free experience throughout all stages of their journey. One of the crucial elements is to give our customers the opportunity to pay in their preferred currency. Wirecard's first-class global coverage and an optimum technical structure made the selection of our partner an easy choice for us."

Eckart Reiche, Head of Sales Airlines at Wirecard, adds: "The partnership with Wizz Air for Central and Eastern Europe is really positive news for us. We will not only now be able to further expand our global portfolio, but also to demonstrate the efficacy of our payment platform. The airline is an innovator and receptive to the idea of using the latest technology and services. In our role as technology providers, Wirecard therefore identifies great potential in this partnership."

The Wirecard Group supports all sales channels with credit card acceptance. Wirecard is a principal member of Visa and MasterCard, as well as having acquiring licence agreements with JCB, American Express, Discover/Diners, UnionPay and UATP.

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 Wizz Air:

Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 72 Airbus A320 and Airbus A321 aircraft, and offers more than 450 routes from 25 bases, connecting 126 destinations across 38 countries. At Wizz Air, a team of approximately 2,800 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 20 million passengers in the financial year ended 31 March 2016. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ and is included in the FTSE 250 and FTSE All-Share Indices. Wizz Air is registered under the International Air Transport Association (IATA), Operational Safety Audit (IOSA), the global benchmark in airline safety recognition. The company was recently named 2016 Value Airline of the Year by the editors of Air Transport World, one of the leading airline trade magazines.

Wirecard media contact:

Wirecard AG
Jana Tilz
Tel.: [phone]
Email: [e-mail]

Wizz Air media contact:

Wizz Air Group
Tamara Vallois
[phone]
Email: [e-mail]