Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it has extended its partnership with Mizuho Bank. Wirecard reported it has been collaborating with Mizuho Bank since last year and has been offering acquiring and issuing services for Mizuho Bank corporate clients in the Asian region.
“Wirecard and Mizuho Bank are set to collaborate in further geographies within Asia-Pacific, including Australia, Malaysia, New Zealand and the Philippines. Globally, the collaboration will also extend to Europe and the United States. To complement Mizuho Bank’s service offering, a corporate payout solution is also being planned. Overall, Wirecard will support Mizuho Bank with innovative and fully digital solutions, aimed especially at banking clients in the food & beverage, retail and hospitality industries.”
While sharing more details about the partnership, Kaoru Mochizuki, Head of Transaction Banking Asia Oceania of Mizuho Bank, stated:
“We are constantly striving to offer the most innovative financial solutions to our corporate clients, and for this reason we have chosen to expand our partnership with Wirecard. With Wirecard, we will develop our corporate product offering and further digitalize our services on an international scale. We are excited to continue working together with Wirecard and develop our partnership.”
Laura McCracken, Global EVP Financial Institutions and Fintech at Wirecard, added:
“Since 2018, Mizuho Bank has leveraged on Wirecard’s wide range of payment acceptance and issuing solutions for their Asian corporate client base, and we are proud to expand this cooperation on a global scale. A leading global financial institution, Mizuho Bank works with major businesses from a variety of industries across the world. Combined with our expertise in digital financial technology, we are confident that together we will deliver the most state-of-the-art solutions for Mizuho Bank clients. We look forward to a continued successful partnership.”