15-05-2020 17:40 via uk.finance.yahoo.com

Wirecard shares plunge as Dubai-based partner shuts shop

Shares in Wirecardfell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations.The shares dropped after a tweet pointed to a May 11 liquidation notice in the newspaper Gulf Today by Al Alam Solution Provider FZ based in Dubai.Al Alam was one of Wirecard's routing partners for payment transactions.
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