First Annapolis Advises AirPlus on Transfer of its Visa and MasterCard Acceptance Business

March 3, 2015

NEU-ISENBURG –  Lufthansa AirPlus, Germany’s leading provider of payment and settlement solutions for business travel, is selling its Visa and MasterCard Acquiring portfolio to technology and financial services provider Wirecard. This transfer will enable AirPlus to strengthen its focus on business travel management, its core business.

“Disposing of our Acquiring portfolio will allow us to concentrate on our core segment: business travel management, including the AirPlus Corporate Card and the AirPlus Company Account,” said AirPlus Managing Director Patrick W. Diemer.

First Annapolis Consulting, Inc. served as advisor to Lufthansa AirPlus.

Click here to read the full press release.

Share: Tweet about this on TwitterShare on LinkedIn