Based in Germany, Wirecard AG is a global company of financial services. Their latest creation was launched in November of 2006, the online payment processor Wirecard. It currently caters to 7,000 corporate clients world-widely.
The Wirecard Bank AG has a license to operate as a German Bank and it is an outlined member of Visa, MasterCard and JCB. When a customer creates an account with Wirecard, they immediately get an account with the Wirecard Bank that they can deposit funds into and then process online payments using the funds from their card.
The great part of this is that it is basically a credit card without the credit part as you fund it directly.
Easy to Use. When a client registers online for a Wirecard they will be issued a MasterCard, CVV and expiration date number which are unique and expire every two years.
Customers can then proceed to fund their account using a credit card, debit card and other various global payment methods and do direct online transfers. The beauty of this methods lays in that it is esentially a MasterCard but there is no physical card and it can be used at any place that accepts MasterCard by just entering the number given and no personal information.
Low Fees. Registration is free, however you will at times encounter fees that need to be paid in order to deposit money into your account. The good news is that the fees are never higher than $2 and are usually fixed.
Security. Wirecard Bank AG works under the German Financial Supervisory Authority's regulation. They protect customer's infotmation in accordance with the German data protection statutes which especifically prohibits the propagations to third parties and demands security of data processing systems. Its compliance with Mastercard also speaks highly of the method's security as Mastercard is one of the most reputable companies out there and only works with companies that will make that reputation prevail.
Apart from that, this method enables customers to not have to use their own credit card details, but instead they only need to use the number given as a card and will not reveal their identity.
Withdrawals. Just like a regular Mastercard, your Wirecard will process withdrawals at any ATM.
Not Available to US players. US residents cannot use the Wirecard at the moment.
Customer Support. Their customer service department can be contacted by telephone at +49 (0)180 5 94 73 22, email, fax and regular mail. However, do not expect an immediate reply as they will take some time to work out your problems/requests and you might want to email them as the phone call will cost you 14 euros / minute and they are not very efficient!
The one great thing about the Wirecard is that it processes deposits, withdrawals and works like an actual credit card but without the credit. The fees are low and the company is safe.