Worldline, an initial partner in Visa Ready for Transit programme
Bezons, November 27th, 2017 – Worldline, [Euronext: WLN] European leader in the payments and transactional services industry, is one of the first companies globally to participate in Visa’s new Visa Ready for Transit programme. The partnership will drive the growth of Digital Ticketing through Open Payment technology in the transport market.
With over 40 years of Transport experience aligned with over 45 years of payment experience, Worldline has developed the next-generation Digital Ticketing platform that will allow consumers to travel without the need to buy a ticket.
The Worldline solution, WL Tap 2 Use, enables contactless cards, mobile devices and wearable technology to be used for entry and exit of transit systems either delivered by Passenger Transport Operators or Passenger Transport Authorities. As the European leader in payments, Worldline is already delivering the acquiring and issuing capability that is fundamental to mass transit Digital Ticketing solutions.
In addition to its Open Payment capability, WL Tap 2 Use will also deliver tokenised solutions that allow for any participating connected device, card or identifier to be used by consumers to not only access transit systems but also many public services within cities. This solution will improve the consumer’s travel experience on a global scale. WL Tap 2 Use is currently undergoing the Visa Ready certification process.
James Bain, Worldline’s Global Director for Transport, said “Our partnership with Visa aligned with the development of our Digital Ticketing platform will bring our payment capability to the transport market and mass transit sectors. Our deep understanding of payments and extensive transport market experience has allowed us to develop a solution that not only delivers Open Payment but also integrates with many other connected devices”
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 nearly 45 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, Mobility & e-Transactional Services and Financial Services including equensWorldline. Worldline employs more than 8,700 people worldwide, with estimated pro forma revenue of more than € 1.5 billion on a yearly basis. Worldline is an Atos company. worldline.com
About Visa Inc.
Visa Inc. (NYSE:V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit our website (www.visaeurope.com), the Visa Vision blog (vision.visaeurope.com), and @VisaEuropeNews.