Merchant card processing contracts owned by Citi in Singapore, Hong Kong, Macau, Taiwan, Malaysia, Indonesia, the Philippines, Thailand, India, Australia, and New Zealand will be purchased by Wirecard. Terms were not disclosed. Sale of the merchant portfolio in all countries will close by the end of June. Wirecard says the EBITDA for these businesses will amount to more than $21 million. Among acquirers in Asia-Pacific, Citi ranks as the 13th largest based on more than 214 million Visa and Mastercard transactions processed annually from more than 147,000 active merchant outlets with more th...