German fintech Wirecard has announced new features to its boon Planet digital payment and banking solution, weeks after its launch.
The company will provide an interest of around 0.75% on current accounts from next year. Initially, the service will be available to all boon Planet users in Germany. Subsequently, it will be expanded to other countries as well.
Wirecard further noted that the offering will be expanded throughout the year adding new investment options.
Wirecard head of Consumer Solutions Claudia Kaub said: “With the additional functionality, we are continuing to pursue our goal of simplifying consumers’ entire everyday financial life with boon. This also includes attractive investment options.”
Last month, Wirecard introduced boon Planet, a payment app with neo-banking services.
The app allows customers to create a bank account, transfer money and make contactless payments.
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The digital current account, guaranteed under the European deposit scheme, can be opened in five minutes. The customers will also receive a physical debit Mastercard for transactions.
Wirecard has several other services in the pipeline including the introduction of intelligent savings plans and real-time insurance.
The company also aims to release boon Planet in other parts of the world, besides the European continent.
At the time of launch, Kaub said: “Not only do we cover the entire world of digital payment and banking from a single source, but can also progressively expand our ecosystem and add new relevant services to make everyday life easier for consumers.”