Ok, I added the first 7 to the list of 313.000 Wirecard clients, haha.
Don't fall for the panic. Being a Wirecard client doesn't mean that they do everything via Wirecard. Most companies use their payment processing service which can be quickly changed. And if the card programm will go bust they will have new card programms as backup. I already hear that Wirecard competitors are offering quick card programm changes.
I of course approached all Wirecard related companies where me or my clients have accounts.
I almost got the same responses from all of them.
Just one example from Wirex which uses Wirex Singapour for cards but have Ibans via Onpex:
(I was also in shock mode for a︀ few days, as a very very big transfer didn't hit the other account, but all︁ is good again)
"
Hello xxx,
The transfer is shown as successful on our side.︂ I have sent the request to double-check the transfer to our banking partner and will︃ update you as soon as I receive a reply on this case.
There's zero reasons︄ to be worried about the business account, simply because it has nothing to do with︅ Wirecard at all.
That said, even for the retail product (Wirex app and cards), we︆ currently only issue ~3% of our global card stock, only in the APAC region, not︇ in Europe, via Wirecard Singapore. Presently, Wirecard has been approaching all its partners (including Wirex)︈ with an update, and at this stage, we see little external risk to Wirex. We're︉ having a constant dialogue to evaluate any risk and should any arise, we'll take action.︊
Best regards,
"
//Edit:
@ih8socialism :Link:
Wirecard Bank AG . That's the "Entschädigungseinrichtung deutscher Banke"︋ for 100k. additional 650k via "Einlagensicherungsfonds".
