Dépêches

S7 Airlines Opts in Favour of Wirecard

Dépèche transmise le 25 mai 2009 par PRNewswire

MUNICH, Germany, May 25 /PRNewswire/ -- With immediate effect, the Russian S7 Airlines will make use of payment services provided by Wirecard AG in connection with credit card acceptance via Wirecard Bank AG.

S7 Airlines is the largest air freight operator on Russian domestic flight schedules and is among the TOP-50 of the global airfreight enterprises. In addition to its domestic flight schedule, S7's program extends to include line flights to 20 countries across the globe, including Europe in particular and the countries of the Asian-Pacific region.

Maxim Polukhin, Sales Director at S7 Airlines says: "Wirecard has created a payment solution that is individually customized to our particular needs".

"After establishing a presence in Europe, the Middle East and Asia, we have now also managed to gain a foothold in Russia and Eastern Europe", says Joerg Moeller, VP Travel & Transport at Wirecard AG. "The fact that S7 Airlines already is the third Russian airline we have acquired as a customer bears testimony to the international capabilities of our platform."

In the wake of its global market penetration, today Wirecard AG can make far-reaching risk management systems and highly specialized modules available for fraud detection. In this way, customers stand to benefit from the experience gained by the Wirecard Group and intensify their international expansion plans.

About Wirecard AG:

Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, Wirecard supports over 10,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG provides account and credit card services both for business and private customers and is a Principal Member of VISA, MasterCard and JCB. The Internet payment service Wirecard enables consumers to make secure payments at millions of MasterCard acceptance outlets worldwide. In addition, registered users can send or receive money orders to each other on a real-time basis. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI).

The range on offer from technology services provider Wirecard comprises individually tailored, industry- and customer-specific payment and risk management systems, ranging from special BSP solutions for airlines and PoS terminal solutions in the stationary segment straight through to risk management solutions for tele-shopping and Internet trading. The services of Wirecard Bank AG complement and extend the array of products and services for business customers to include credit card acceptance agreements, banking services and innovative prepaid card products.

About S7 Airlines:

S7 Airlines () is the Russian leader in domestic flights and in this segment rates in the world TOP-50 air carriers. In 2007 the company received IATA official notice of entry to the Operators registry IOSA (IATA Operational Safety Audit) and became the second in Russia air carrier, having successfully completed the international audit process in compliance with the set operational safety standards.

S7 Airlines is one of the most stable airlines in Russia, making use of the world industry latest achievements in passenger service and actively working to improve its service. S7 Airlines is the winner of the annual national award <> in 2007. In 2008 S7 Airlines services were used by 5.9 million passengers. The aircrafts of S7 Airlines have more than 120 scheduled line flights per day, including 50 flights from Moscow

Wirecard Media Contact: Wirecard AG Iris Stöckl Bretonischer Ring 4 D-85630 Grasbrunn / Munich Germany Ph: +49(0)89-4424-0424 Fax: +49(0)89-4424-0524 e-mail: [email protected] Internet: http://www.wirecard.com

CONTACT: Wirecard Media Contact: Wirecard AG, Iris Stöckl, BretonischerRing 4, D-85630 Grasbrunn / Munich, Germany, Ph: +49(0)89-4424-0424, Fax:+49(0)89-4424-0524, e-mail: