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Worldline acquires Ingenico Group, for an undisclosed sum

2 noiembrie 2020

By combining forces with Ingenico, Worldline will become Europe’s new world-class leader in payment services and joins the league of international payment leaders, according to the press release.

Gilles Grapinet, Chairman and CEO of Worldline, said: “This is a very exciting milestone for Worldline, specifically designed to decidedly reinforce the value proposition of our businesses. Having the scale and now global capabilities, we have reshaped our group entirely in order to support, now more than ever, our clients, merchants and banks in particular, enabling them to rely on state-of-the-art electronic payment services to accelerate their own growth as well as their digital transformation strategy. Despite the difficult times we are all facing at the moment, I have never been this confident in the group’s potential and future and in its 20,000 employees.

The new Worldline in a nutshell

Worldline is the largest European player in payment services and the fourth largest player worldwide, with pro forma revenues of €5.3 billion in 2019.

Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are located.

With 20,000 employees and powered by the brightest talents in the payments industry, Worldline is shaping new ways of paying, living and doing business.

With a physical presence in over 50 countries, Worldline is the only European player with an international footprint to rival international payments peers based in the US, providing the full payment ecosystem, from POS acceptance to merchant acquisition. The newly expanded Worldline now has broad access to the US market, greater exposure to merchants in Latin America and Asia-Pacific and the potential for faster expansion in countries with a lower card penetration.

Worldline offers best-in-class payment services, ranging from online payments, omnichannel solutions and a broad portfolio of payment terminals to issuing & acquiring and digital banking to one million merchants and 1,200 banks and financial institutions, fostering their business growth with deep operational expertise and economies of scale.

image multinational players

Payment partner of choice for merchants of all sizes

The new Worldline can meet merchants’ local and global needs. In many countries, the company’s roots go back to the emergence of digital payments with a track record at the heart of national payment landscapes in countries including Belgium, Luxembourg, Switzerland and Austria.

„Approximately 180,000 merchants within retail, hospitality and the service sector can continue to rely on our proven services. For new customers, on-boarding will be faster and easier, thanks to digital solutions for SMEs and a hardware-independent acceptance platform,” the company said.

Now more than ever, accelerated e-Commerce

Worldline is the largest merchant acquirer and third largest online payment acceptance provider in Europe with c. 250,000 e-commerce customers and websites, accepting more than 350 payment methods and with connections to more than 150 local acquirers. Our internationally renowned gateway brings digital natives’ features to retailers across the world. 

Enlarging perspectives for Financial Services

As the largest payment processor in Europe, with a successful track record of forging strategic partnerships with financial institutions, Worldline is leading the next-generation payment services such as account-based payments and instant payments. The combination with Ingenico increases Worldline’s payment volumes, widening opportunities for partnerships with financial institutions in addition to 1,200 financial institutions that Worldline currently works with, processing c. 5.6 billion acquiring transactions each year.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?