Michael Brinkmann, Executive Vice President Partner Management with Wirecard added: "We are looking forward to working together with SAP, in particular as our innovative end-to-end portfolio of solutions complements the SAP Business ByDesign solution. Wirecard is a specialist for mapping international group structures in payments." As a global payment services provider with its own bank in the group, Wirecard will take over authorization as well as clearing and settlement for credit card payments. The consolidation and payout of all payment flows from a single source is a great advantage.