MUNICH, November 4, 2010 /PRNewswire/ -- With immediate effect, DB Vertrieb GmbH, a subsidiary of Deutsche Bahn (German Rail), will be using Wirecard AG's PCI-certified payment platform to process and settle payments by credit card for its Online Business Travel (OBT) portal. The acceptance (Acquiring) agreement to this end was signed with Wirecard Bank AG, among other service providers.
The range on offer by OBT is addressed especially to SMEs wanting to book travel by rail, air, hotel accommodation and hired cars at attractive prices from a single portal. In addition to a convenient booking process, the solution also extends to include a travel schedule that consolidates all services booked in a transparent format. This means that time- and cost-intensive comparisons on several platforms are now a thing of the past. Clients who make their travel arrangements via OBT also have extended travel management functions available for setting up travel guidelines, preferred providers or booking groups.
Ludger Bals, Managing Director of OBT, explains why they opted in favor of Wirecard AG: Our motto is, 'everything from a single source'. The integrated array of services provided by Wirecard AG is the perfect match for out approach. We provide our customers with a simple, convenient and efficient solution for their business travel arrangements. Our cooperative venture with Wirecard serves to extend this approach to include the internal processes associated with the handling and settlement of payments.
Clients of Wirecard AG benefit from an international and fully integrated portfolio of solutions - from a single source and platform. In doing so, the company takes account of the individual customer requirements prevailing in the tourism industry - flexibly and efficiently.
OBT assigns a great deal of importance to transparent reports and statistics. Our system integrates itself seamlessly into the various booking processes, emphasizes Jorg Moller, Executive Vice President of Sales Travel Transport at Wirecard AG.
Plans are already under way to expand the cooperation: in future, all credit card payments booked via OBT's call center are to be handled via the Wirecard AG platform as well.
Visit Wirecard AG on this year's trade fair World Travel Market (WTM) in London from November 8th to 11th. 2010 (Booth TT134) or contact us via eMail: travel@wirecard.com.
Wirecard media contacts:
About Wirecard:
Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, the Wirecard Group supports over 11,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG is a Principal Member of VISA, MasterCard and JCB and operates as a credit card acquirer in more than 69 countries around the world, involving over 100 transaction currencies and 15 payout currencies. Part of the Wirecard Group, Wirecard Bank provides innovative solutions in the fields of corporate banking, prepaid and co-branded cards, along with account products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).
About OBT - Online Business Travel:
OBT - Online Business Travel is a service offered by DB Vertrieb GmbH, a subsidiary of Deutsche Bahn (German Rail). Business clients can make their arrangements for travel by rail or air and their hotel accommodation and car hire reservations at attractive prices using a single online platform or by phone. Practical travel management functions provide an additional service, namely taking account of company-specific travel guidelines, setting up booking groups and transparent, daily current reports.
Wirecard AG Iris Stockl Bretonischer Ring 4 D-85630 Grasbrunn, Germany Tel: +49(0)89-4424-1424 Fax: +49(0)89-4424-2424 E-mail: iris.stoeckl@wirecard.com Internet: http://www.wirecard.com
SOURCE: Wirecard AG
CONTACT: Wirecard AG, Iris Stockl, Bretonischer Ring 4, D-85630 Grasbrunn,Germany, Tel: +49(0)89-4424-1424, Fax: +49(0)89-4424-2424, E-mail:iris.stoeckl@wirecard.com
Comments