Sale of Wirecard's Payment Gateway Platform and other Technology assets in Asia Pacific to WOW Digital Technologies and Bankograph


Source: yahoo.com yahoo.com

Key Topics in this News Article:

News Snapshot:

SINGAPORE , April 22, 2021 /PRNewswire/ -- Wirecard has signed agreements with WOW Digital Technologies to sell its payment gateway platform and card management solutions business units in Asia Pacific . The transaction is subject to closing conditions. Following closing, the payment gateway platform will be managed by Bankograph Pte. Limited , a processing partner of WOW Digital Technologies. Wirecard's payment gateway business supports large financial institutions in Singapore , Malaysia , Papua New Guinea and Australia to checkout systems of online and offline merchants. Wirecard's card management solutions business unit provides software products for financial institutions in Malaysia ,...