The experienced Foolishe eye has, however, recognized immediately that this is a focus that you should pursue as a long-term Investor.
The quarter indicated, however, a strong growth and with a view to the future this is exactly a point of view that is important. Partnerships and collaborations are an important aspect, in which Wirecard here, too, lately, and, in particular, with BILLA, a leading Austrian supermarket chain, was able to add.
But the fact remains that the DAX-payment service provider provides on this Front for strong messages, such as to the middle of this week. We look in the Following, therefore once more, what you should know investors in this regard:
Blockbuster cooperation with a large Bank!such As Wirecard well, cooperate you in the future with the help of Raiffeisen Bank International. Behind this relatively well-known name hides no less than the second-largest Austrian Bank, which could give the payment service provider, access to a whole lot of transaction volume. And also apart from the domestic market.
In the framework of this partnership, the Wirecard platform is not used just in Austria, but in a total of 13 Central and Eastern European countries. In order for this merger is already a major regional expansion. However, at the same time also has a significant quantitative component.
Just in Eastern Europe seems to have this cooperation a significant potential. Raiffeisen Bank International is to serve in countries such as Serbia or Ukraine, namely as a Map acquirer and a wrap here a lot of payments. As there are currently only around half of all transactions are made with cash, could be here lurking, accordingly, a large volume of Payments and, therefore, growth for Wirecard, and a new Partner. An exciting milestone, the Wirecard in this new year could present. Wirecard 136,50 EUR -0,70 (-0,51%) Xetra
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a second look outside of the official company message is revealed here, how big is the potential of this cooperation in the end. The Raiffeisen Bank International had the of may of last year, about 16.3 million customers and 2,100 branches, although a majority is this really in the Eastern European region.
In the Ukraine are, for example, approximately 500 offices in Romania 422, thus, Wirecard manages the access to this important market, what is probably a gigantic transaction volume. Alone the 16.3 million customers, is likely to contribute to a significant growth for the operational growth of the wrong with safety.
such cooperation can give of the success story behind the Wirecard share is a certain thrill, especially since they show that the DAX-payment service has arrived in the first international economic League. A Blockbuster potential seems to be measured by the transaction volume, therefore, inevitable. For the future, of which the following therefore applies: more.
The DAX, the payment service provider takes to travel!Overall, it seems these days as if Wirecard to take again more travel. With BILLA is already a first major Austrian cooperation could be, and in an exciting future in the field of payment technology, can be achieved. With the help of Raiffeisen Bank International, the DAX trumps group here even.
Now forced to vote just yet, the early results of the special audit by KPMG. Then the strong start to the year, momentum is a sequel to little in the way of that.
Disclaimer: Vincent owns shares of Wirecard.
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hyo/Fool.de Date Of Update: 20 February 2020, 11:00
