, so such a decision would surely push payment stakeholders that need to keep accepting payments from the networks to seek out new processing partners. And it's possible the threat of Mastercard and Visa revoking Wirecard's processing capabilities will cause a mass exodus of Wirecard clients even before a decision is made, as firms may quickly rework their payment partnerships to avoid disruptions.
Wirecard's insolvency and scandal will surely scare firms away from it, giving processors the chance to boost their volume and potentially leading to a number of new partnership opportunities. Wirecard that its transaction volume totaled €124.2 billion in the first nine months of 2019, so a great deal of volume could be available as firms move away from working with Wirecard, provided these figures aren't inflated.
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