Wirecard's Singapore clients hope for clarity from probe

Wirecard services can be found in more than 250,000 firms around the world, including Singapore, which is its base for expanding into the rest of Asia.
Wirecard services can be found in more than 250,000 firms around the world, including Singapore, which is its base for expanding into the rest of Asia.PHOTO: REUTERS

Some Singapore clients of global payment giant Wirecard are keeping watch as the German firm battles accusations of forgery and falsified accounts, while multiple investigations are under way.

For now, local companies, such as EZ-Link and Singtel, do not see much impact on Wirecard's operations on their cashless payment services.

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A version of this article appeared in the print edition of The Straits Times on February 12, 2019, with the headline 'Wirecard's S'pore clients hope for clarity from probe'. Subscribe