Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Wirecard analyses the brand by its strengths, weaknesses, opportunities & threats. In Wirecard SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Wirecard to benchmark its business & performance as compared to the competitors. Wirecard is one of the leading brands in the banking & financial services sector.
The table below lists the Wirecard SWOT (Strengths, Weaknesses, Opportunities, Threats), top Wirecard competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Wirecard AG is one of the world’s leading companies for payment systems and risk management
Online Payment processing
Online consumers looking for financial solutions
ecommerce and financial solutions
SWOT Analysis of Wirecard
Below are the Strengths in the SWOT Analysis of Wirecard:
1. Secured online Infrastructure
2. Emphasis on simpler payment process
3. More than 12,000 corporate customers worldwide
4. Strong Risk management program
Here are the weaknesses in the Wirecard SWOT Analysis:
1. High exposure to fraud and risk
2. Less presence outside Europe hence weal global presence
Following are the Opportunities in Wirecard SWOT Analysis:
1. Cashless economies 2. Digital currency 3. Upcoming ecommerce markets
The threats in the SWOT Analysis of Wirecard are as mentioned:
1. Stringent economic policies world over 2. Highly competitive environment
3. Fraud and Hacking threats
Below are the top 3 competitors of Wirecard:
1. Paypal 2. Moneybookers 3. Google Checkout
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Wirecard. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
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