Worldline is the first in Europe to be certified by Visa to run in-house its Cloud-based Payments solution
Bezons, 09 June 2016
Worldline [Euronext: WLN], the European leader in the payment and transactional services industry, has become the first player to be end-to-end Visa-certified to run in-house its Cloud-based Payments solution. This solution enables Issuers to provide their clients with Visa payWave on their Android mobile NFC phones with embedded HCE (Host Card Emulation) technology. These highly secured transactions will be accepted on all Visa enabled contactless terminals around the world. Thanks to this Visa certification, Worldline is differentiating itself from its competitors by a particularly high degree of security.
Worldline, a partner promoting innovation and quality
Cloud-based NFC payments are expanding and they are being adopted quickly and widely; most merchants are now offering contactless payment to their customers.
Wolf Kunisch, Managing Director for Financial Processing & Software Licensing and for Germany & CEE, says: "Worldline has been a pioneer in this technology, launching several pilots across Europe in 2015. With this certification, Worldline is reaching industrial pace in powering issuers to offer mobile payments services to their customers. Meeting the Visa functional & security requirements, reinforces Worldline commitment in delivering innovative payments to its customers."
Services made easy for banks and their customers
Worldline's solution is digitalizing payment credentials and provisioning them into Android mobile devices. It also manages secure authentication of user identity and secure storage of credentials into the Digital Wallet (using components of its own in-house developed and hosted solution named WL Trusted Authentication).
The main benefit for banks is the seamless integration of Worldline solution within their issuing systems and their existing mobile applications. For a faster deployment, Worldline also offers a white label stand-alone mobile application.
Eventually, the service will be used in many other cases to make transactions easier and more secure, such as in-app payments, travel passes or loyalty programs.
Worldline [Euronext: WLN] is Europe’s market leader in payment and transaction services. Offering its customers a new generation of services, it provides simple yet innovative solutions for end customers. As a major player in the B2B2C sector, and with over 40 years of experience, Worldline supports business and administrative services in a constantly evolving marketplace, thus contributing to their success. Worldline’s unique, flexible business model revolves around an expanding global portfolio and focuses on realizing end-to-end support services in three categories: Merchant Services & Terminals, Mobility & e-Transactional Services, and Financial Processing Services & Software Licensing. A subsidiary of Atos, Worldline employs more than 7,300 people and generated a turnover of €1.22 billion in 2015. For more information, please see worldline.com
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