Santander Consumer Bank and Worldline extend their partnership for payment services
Frankfurt/Main, 06.02.2017 - Worldline [Euronext: WLN], through its equensWorldline subsidiary specialized in financial processing, and the Santander Consumer Bank S.A. in Poland, extend their partnership for a new services. equensWorldline provides the technical processing for their Visa credit cards. Since 2006 the Santander Consumer Bank in Poland is customer of Worldline.
equensWorldline processes the Visa credit cards of the Santander Consumer Bank in Poland. The contract covers, amongst others, the co-branding cards of European consumer electronics chains. By using the equensWorldline solution “Instalment Credit” the granting of credit in the large electronics markets happens in real time. The customers of the Santander Consumer Bank directly receive a so called Visa Instant Card and are able to pay with it at the checkout. Through equensWorldline’s Installment Credit solution customers of the Santander Consumer Bank can apply for different variable installment plans in real time.
Wolf Kunisch, Chief Operations Officer at equensWorldline: “The large number of local providers and the price war lead to a high competitive pressure on the Central European market. equensWorldline was able to prevail against the competitors because of the high flexibility of our solutions and a short time to market. As a result our contract with Santander Consumer Bank on the Central European market has been extended once again.”
Joanna Szczegielniak, Head of Credit Card Development at Santander Consumer Bank: “Thanks to real time-connection to the systems of equensWorldline we are able to offer our customers an instalment via the credit card within one visit to the store, immediately after a positive check of their creditworthiness. This is not only an advantage for our customers, but makes our processes significantly more efficient.”
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry. Worldline delivers new-generation services, enabling its customers to offer smooth and innovative solutions to the end consumer.
Key actor for B2B2C industries, with over 40 years of experience, Worldline supports and contributes to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organized around three axes: Merchant Services & Terminals, Mobility & e-Transactional Services, Financial Processing & Software Licensing including equensWorldline. Worldline employs more than 8,600 people worldwide, with estimated revenue of circa 1.5 billion euros on a yearly basis. Worldline is an Atos company. worldline.com
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