Europe Net to Release New Prepaid Card for Forwarding Agents in Collaboration With Wirecard

ASCHHEIM, Germany, October 10, 2016 /PRNewswire/ --

• Emergency aid in Germany and abroad via real-time payments  
• Launch in Germany; Europe-wide expansion in pipeline 

Europe Net, a subsidiary of ADAC Truck Service, is to offer its customers the Europe Net Service Card in cooperation with Wirecard from now on. The new prepaid card can be used for breakdown and workshop services as well as at domestic and international petrol stations. Fleet managers can top up their balance in real time, allowing professional drivers to make on-site payments in emergencies.

The scheme is being launched in Germany, with a gradual Europe-wide expansion planned in the various relevant currencies. As a full service bank, Wirecard Bank AG issues credit cards in all 33 SEPA countries, providing both issuing and acceptance from a single source.

Together with Europe Net, which offers a 24-hour breakdown hotline for truck drivers, support is now arranged for breakdowns or mobility needs, while at the same time guaranteeing payment. A predefined balance can be made available to the driver promptly on the prepaid card as emergency aid to replace unsecured cheque payments. In addition, specifying chosen merchant groups ensures that the payments can only be used for the intended purpose.

Christoph Walter, Chairman of the Board at Europe Net: "The Europe Net Service Card is designed for fleet operators who value safety and transparency when it comes to cashless payments. For example, it is very useful for sudden or very expensive repairs. We are delighted to operate this project, which was developed specifically for the needs of our customers, together with Wirecard."

Kathrin Klausa, Head of Product Management for Travel & Mobility at Wirecard: "The Service Card is extremely effective, practical and safe for both forwarders and drivers. In addition, any unused credit is paid back after the transaction so that no financial damage is incurred should the card be lost or stolen. Consequently, together with Europe Net, we are making a contribution to the smooth-running of transport services."

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 ADAC Truck Service:  

ADAC Truck Service is the market leader in breakdown help for trucks, trailers, buses and lightweight commercial vehicles. In addition to the free-of-charge breakdown service hotline (0800 5248000), ADAC Truck Service organises mobility management for over 100 commercial vehicle companies and industrial companies. The service portfolio includes fixed-price products for vehicle fleets, mobility packages and after-sales offers for truck manufacturers as well as a network of over 800 workshops and more than 2,000 breakdown personnel in Germany. In total, the ADAC Truck Service GmbH & Co. KG employs around 70 staff at its headquarters in Laichingen and is certified in accordance with ISO 9001:2008. The company supports the group DocStop für Europäer e.V., Radio 7 Drachenkinder and sponsors SOS Children's Village Tehuacán in Mexico. Europe Net is a subsidiary of ADAC Truck Service and ACI Global. The company was founded in 1988 and offers breakdown assistance in 24 languages across 39 European countries for the commercial vehicle sector as well as mobility programmes for the industry.

Wirecard media contact:

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

ADAC Truck Service media contact:

Stefanie Mayer
Tel.: +49(0)7333-808-112
Email: s.mayer@adac-truckservice.de

SOURCE Wirecard AG