boon Planet: Payment and banking via a single app enters pilot stage

Aschheim (München) (ots) -

- Europe's first payment app offering complete banking services
- Users can open an account, transfer money, make contactless
payments with their smart device and benefit from a real-time
transaction overview
- Wirecard creates a complete banking and payment ecosystem with boon
Planet
- boon Planet enters the pilot phase with several hundred accounts,
the complete launch will follow in October 2019
- boon Planet will be expanded in the future to include additional
value-added features such as mobile insurance and loyalty functions

Wirecard, one of the world's fastest growing digital platforms for
financial commerce, is launching boon Planet - the unique ecosystem
of mobile payment and banking services. With boon Planet, users have
access to the entire diversity of everyday digital financial handling
with just one app: Whether opening an account in just a few minutes,
gaining a complete overview of all finances (Personal Finance
Management) and making contactless payments via a smart device or
card - boon Planet combines it all.

This makes boon, Wirecard's mobile payment app, the first of its
kind to create an integrated payment and banking experience for end
consumers. In the first phase, several hundred accounts will test the
solution. The full launch will take place from October this year.
Starting with Germany, all existing boon payment users will then have
the opportunity to add banking to their existing boon account. New
customers will also be able to register directly for both services,
which are available separately as well.

In addition to the fully digital and comprehensive bank account,
users will be able to make SEPA transfers to third parties. They will
also be able to use a physical Debit Mastercard in combination with
their app. In future, value-added services such as innovative loyalty
solutions and other digital financial services such as mobile
insurance will be added. For example, products that users buy with
boon could be insured at the same time.

Claudia Kaub, Head of Consumer Solutions at Wirecard, says, "We
are very pleased to start the pilot phase of boon Planet. As the name
suggests, in the future we will offer all our users the whole world
of digital payment and banking. Once again, we are demonstrating our
pioneering spirit and offering consumers everything from a single
source. With boon Planet, we will set new standards so that our users
no longer have to leave the app for their everyday finances."

boon is based on the Wirecard Financial Commerce Platform - from
the front end to the back end - and will in future be the Group's
only B2C product. Today, boon is available throughout Europe via
Apple Pay, Google Pay, Garmin Pay and Fitbit Pay. In future, boon
will also be launched outside of Europe. boon can also be used as a
complete white label or co-branded solution for Wirecard's existing
and future corporate partners.

boon will inform all users as soon as the new boon Planet solution
is fully available.

Stay tuned: https://www.beboon.com/

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce. We provide both business
customers and consumers with a constantly expanding ecosystem of
real-time value-added services built around innovative digital
payments by using an integrated B2B2C approach. This ecosystem
concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate
enhancement in all sales channels (online, mobile, ePOS). Wirecard
operates regulated financial institutions in several key markets and
holds issuing and acquiring licenses from all major payment and card
networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX
and TecDAX, ISIN DE0007472060). Visit us on www.wirecard.com, follow
us on Twitter @wirecard and on Facebook @wirecardgroup.

Wirecard media contact:

Wirecard AG
Jana Tilz
Tel.: +49 (0) 89 4424 1363
Email: jana.tilz@wirecard.com

Original-Content von: Wirecard AG, übermittelt durch news aktuell