Worldline and comdirect extend their long-term partnership for credit card processing
Frankfurt/Main, 23 July 2015 – Worldline [Euronext: WLN], European market leader in payment and transactional services, will continue to manage comdirect’s credit card processing for a further seven years. By extending its partnership with Worldline, comdirect ensures its ever-expanding portfolio continues to meet the highest security and compliance standards, while also guaranteeing security over investments at a market cost-effective level for the bank.
The renewed processing contract between Worldline and comdirect covers technical processing as well as manual services - such as Card Stop and chargeback services.
In addition to continuing these services, the contract will also cover introduction of innovative, future-oriented solutions for comdirect bank’s customers, such as contactless payments services. comdirect customers already benefit from an SMS alert service that immediately notifies them in case of suspect sales inquiries, thereby providing increased control over payment transactions. Additionally, comdirect customers can select and change their PIN code at any time with the ‘Self-Selected PIN’ service.
Wolf Kunisch, Worldline Managing Director for Financial Processing & Software Licensing, and responsible for Worldline Germany & CEE, commented: "comdirect’s decision to renew the contract testifies to our fruitful teamwork over many years. Our in-depth expertise in card processing has been tried and tested on numerous occasions and comdirect people know they can count on our quality and innovation over the next seven years, as they have done in the past."
Kirsten Albers, comdirect Director of Banking, added: "In Worldline, we found a reliable and innovative partner who has backed us over many years, and we continue to place our faith in Worldline for the future."
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. Worldline employs more than 7,300 people worldwide and generated 1.15 billion euros revenues in 2014.
Worldline is an Atos company. www.worldline.com
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