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Wirecard Gains ERGO Insurance in Austria as Customer for Last-minute Insurance Payment Processing


News provided by

Wirecard AG

16 Dec, 2016, 06:30 GMT

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ASCHHEIM, Germany, December 16, 2016 /PRNewswire/ --

  • Innovative insurance cover by combining FinTech and InsurTech 

Wirecard Central Eastern Europe (CEE), a subsidiary of Wirecard AG, now provides credit card acceptance for short-term insurance cover from the ERGO Insurance in Austria. Additionally, the payment specialist now handles payment processing via Mastercard, Visa, PayPal and SOFORT as an acquirer. This collaboration between the two companies combines financial and insurance technologies, thereby offering an innovative and uncomplicated insurance solution. Customers can use this offer straight away to take out insurance online.

Among other things, special rescue cost insurance is included in the new short-term insurance solution offered by ERGO. For instance, this applies to anyone who takes a spontaneous skiing trip one weekend and still wants to be fully covered. The benefit for all last-minute decision makers is that the insurance is very flexible. The insurance is active just an hour after being taken out. You can choose the duration of the cover and it will end automatically without any need for notice after the maximum validity of 14 days.

Christoph Thiel, Board Member of ERGO Insurance, responsible for direct sales, IT and innovation: "Mobility and flexibility define our customers' behaviour. With Wirecard on our side, we can meet their needs and can offer insurance cover within a very short period of time. What's more, this can be done using any device with secure payments, whether it is skiing, walking or wind surfing that takes your fancy."

Roland Toch, Managing Director at Wirecard CEE: "Together with ERGO Versicherung in Austria we have been able to overcome the challenge presented by the growing trend for InsurTech, which combines insurance services with new technologies. This mobile-based, innovative insurance form offers customers maximum flexibility.

ERGO rescue cost insurance can be taken out directly in a matter of a few clicks via the ERGO website or using the ERGO app Alles Klar! on a mobile device. Rescue cost insurance covers sports and leisure incidents and is valid worldwide.

Wirecard media contact:

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

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 Wirecard CEE: 

Wirecard CEE is part of the Wirecard Group as well as being the competence centre for Austria and the CEE (Central and Eastern European) markets. As the leading payment service provider (PSP) in Austria, Wirecard CEE has been supporting merchants for the past 16 years in successfully implementing international multi-channel strategies in the payment sector.

http://www.wirecard.at.

ERGO media contact:

ERGO Austria International AG
Pia Kubek
Tel.: +43-1-27444-3703
pia.kubek@ergo-austria.at

About ERGO Versicherung: 

ERGO Versicherung in Austria is a subsidiary of ERGO Austria International AG. In strategic cooperation with its partners UniCredit/Bank Austria and Volksbanken as well as via brokers, agencies and direct sales, it offers a needs-oriented range of products for life insurance, indemnity insurance and accident insurance for both private and commercial activities. ERGO Austria International AG in Vienna is a part of the ERGO Group AG headquartered in Düsseldorf, Germany.

You can find out more at http://www.ergo-versicherung.at and http://www.ergo-austria.com

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