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Wirecard enters US market with acquisition of Citi, NA

CitiBlueWave_400x400Citibank-North America has sold its prepaid card services to Wirecard, the Acquiring and Issuing firm who previously announced the deal on June 29th 2016. Citi has issued more than 2, 500 card programmes for large international companies including global IT and pharmaceutical companies.

Susanne Steidl, Managing Director of Wirecard Acquiring and Issuing, says: “We are excited to offer our American customers the latest products in the area of completely digitalised prepaid cards and mobile payment solutions via our global platform.”

The Managing Director, Deirdre Ives, who will continue to manage the business with Susanne Steidl, adds: “In addition to introducing the latest technologies from the digitalised card sector, we will also be launching the global PSP acquiring and omni-channel solutions from Wirecard onto the American market.”

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