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Wirecard
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Status Update

23 Jun, 2020
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Q3 2019

6 Nov, 2019
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Wirecard AG was a German payment processing and financial services company that provided electronic payment solutions and risk management services to businesses worldwide. The company offered services such as payment gateway solutions, card issuing, and fraud prevention for e-commerce and retail transactions. Wirecard AG catered to a broad range of sectors, including retail, travel, and banking, enabling merchants to accept digital payments securely. The company was headquartered in Aschheim, Germany, and its shares were previously listed on the Frankfurt Stock Exchange. However, Wirecard collapsed in 2020 following a financial scandal involving accounting fraud, and the company subsequently entered insolvency.