Asian Telecom Concepts Group uses Wirecard payment solution

Wirecard AG acquired the Philippine Telecom Concepts Group, one of the biggest telecommunications enterprises in the Asian region, as a customer.

Berlin, Munich/Grasbrunn October 16, 2006: Wirecard AG acquired the Philippine Telecom Concepts Group, one of the biggest telecommunications enterprises in the Asian region, as a customer. Subsidiaries of Telecom Concepts, Inc. include ePhone Co., Inc., First Telecom Philippines Inc. as well as Load.Com.Ph. In future, the CLICK2PAY payment solution from Wirecard will be deployed on Load.Com.Ph, one of the most successful Asian distribution and recharging platforms for regional prepaid cards.

This subsidiary of Telecom Concepts Holding provides Asian enterprises and end customers with a wide range of local payment methods via CLICK2PAY. Load.com.ph complements the mobile telephony operator ePhone with online purchasing services along with facilities to recharge mobile telephony and prepaid cards.

Joey Uy, CEO of Load.Com.Ph: “The decisive issue to us was the selection of the many and various local Asian payment processes available under CLICK2PAY as a single source.“

“The decision in favor of CLICK2PAY confirms our strong position in the Asian market and our strategy of full-scale localization of this alternative payment system“, says Heiko Strauss, Head of Sales at CLICK2PAY.

Wirecard adapted CLICK2PAY for the growth markets of Europe and Asia as well as for the Anglo-American region. The range available meanwhile comprises eleven languages for 24 countries, including China, Japan and the Philippines.

Press Release

Wire Card PR&IR Office
Iris Stöckl
Bretonischer Ring 4
85630 Grasbrunn, Germany
Phone : +49 (0) 89 4424 0424
Fax: +49 (0) 89 4424 0524
E-Mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.de

About Telecom Concepts (TCI)
Telecom Concepts, Inc. was incorporated on May 25, 1998. The company started when a group of established experinced telecoms professionals decided to engage in marketing and distribution of mobile technology. The company holds its offices at Crisanta Tower in Pasig City. In a short span of time, TCI already became one of the fastest growing corporations in the country. From a retail trading business, it grew into a holding company which provides management and business strategy to its subsidiaries also engaged in the wireless communication technology. The TCI group of companies include E-Phone Co., Inc., and First Telecom Phils., Inc.
www.tci.com.ph

About Wirecard AG
Wirecard AG provides its customers with an extensive range of international payment options featuring integrated risk management services and, in CLICK2PAY, with an alternative Internet payment system. Apart from payment processing via the Internet, the software platform also facilitates seamless integration of all distribution channels such as call centers and points of sale. The software platform is being used by more than 6,000 companies across the globe. Wirecard AG is listed on the Prime Standard of the German stock exchange in Frankfurt (TecDAX, ISIN DE0007472060, ticker IGP). Wirecard Bank AG has belonged to the Wirecard Group since 1 January 2006.
www.wirecard.com www.click2pay.com www.wirecardbank.com