What have we learned from the Wirecard debacle?

There’s no doubt that the demise of Wirecard has shaken the payments industry to its core. For many, it was always assumed that the biggest benefit to businesses having access to large global banking networks was the ability for them to intelligently route payments to get the highest conversion rate and drive higher revenue. That assumption was found lacking. Even in 2020, accepting payments is something one can no longer take for granted. Check out the lessons we have learned HERE.