Wirecard announces strategic partnership with HERE Mobility to launch integrated smart mobility solutions

Aschheim (Munich) (ots) -

- HERE Mobility (https://mobility.here.com/) is the world's first
neutral, open marketplace connecting real-time mobility supply
and demand to drive mobility efficiency, with over 2 million
vehicles across Europe, Latin America, and the US
- The companies will collaborate on projects aimed at capitalizing
on payment and geolocation services
- Wirecard sees "Commerce on the Move" as a new megatrend and
expects a transaction potential of over EUR 10 billion per year
via its platform when all HERE Mobility services are rolled out
- First product showcases will be presented at CES in Las Vegas in
early 2020

Wirecard, the global innovation leader for digital financial technology, is
collaborating with HERE Mobility, to jointly develop integrated B2B2C payment
and mobility services. HERE Mobility is the mobility unit of HERE Technologies,
a global leader in location platform services owned by automotive companies
including Audi, BMW and Daimler. HERE Mobility operates an open and competitive
smart mobility marketplace for all transportation services. Over 2 million
vehicles are connected to HERE Mobility's Marketplace across Europe, Latin
America, and the US.

Wirecard and HERE Mobility will collaborate on a variety of projects aimed at
capitalizing on the payment and geolocation services both companies already
offer, including innovation cases in the area of predictive mobility services.
Wirecard sees "Commerce on the Move" as a new megatrend and expects a
transaction potential of over EUR 10 billion per year via its platform when all
services are rolled out.

An initial project will be to integrate HERE Mobility's Marketplace into
boon.PLANET, Wirecard's digital banking and payment app. As a result,
boon.PLANET users will be able to search, book and pay for rides using the
embedded HERE Mobility Marketplace without leaving the boon.PLANET app.

Wirecard's intelligent digital platform will be able to process customers'
geolocation and mobility profiles for additional value added services.
Additional projects include offering mobility services with an integrated
payment flow for merchants in the travel and leisure industry, including
airlines, hotels, restaurants and stadiums. Furthermore, the companies plan to
work together in the area of personalized data solutions for businesses and
end-consumers leading for example to predictive ride services. It is also
planned for Wirecard to act as payment service provider for HERE Mobility.

The cooperation comes at a time when MaaS (Mobility-as-a-Service) solutions,