Rabobank and equensWorldline extend their long-standing partnership for an additional 5 years
Utrecht, 10 March 2021 - equensWorldline, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, announces the renewal of its service agreement with Rabobank, one of the largest Dutch banks. Under the agreement, equensWorldline will continue to provide its wide range of reliable payment services to Rabobank and process billions of transactions per year, expecting volumes to further increase significantly.
With 9.6 million customers Rabobank is one of the largest Dutch banks, focusing on food & agri, retail, and private banking customers in The Netherlands and on customers in the food & agri sector globally.
equensWorldline has been providing Rabobank with a broad range of services for many decades; these range from extensive Acquiring and Issuing services to iDEAL  and processing of SEPA credit transfer, including Instant Payments, and SEPA direct debit. More importantly equensWorldline is ready for the future and looking forward to assist Rabobank in the ever-changing payments landscape for the years to come, jointly focusing on growth through innovation.
A sustainable partnership ensuring growth
In order to support its growth ambitions, Rabobank has decided to extend its cooperation with equensWorldline with another 5 years until October 2026. In addition to equensWorldline’s proven stability and performance, the local presence, innovative power and, last but not least, focus on sustainability convinced Rabobank to renew the contract.
Nico Strauss, Tribe Lead B2B Services at Rabobank, says: "As a cooperative bank, Rabobank wants to contribute to the long-term growth of individuals, sectors and society as a whole. The reliable services of equensWorldline form a strong foundation for our work. This strategic cooperation supports us in further delivering on our mission."
Andrej Eichler, Chief Market Officer at equensWorldline, says: "We are very proud to extend our partnership with Rabobank, which is a clear sign of trust and appreciation. The two companies have grown together over the course of many years of cooperation. We look forward to continue supporting Rabobank with our high-performance services in the future and to be their innovative and pro-active partner for the accelerating digital transformation.”
 iDEAL is the leading Dutch online payment method
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros. worldline.com
ABOUT RABOBANK GROUP
Rabobank is an international financial services provider operating on the basis of cooperative principles. It offers retail banking, wholesale banking, private banking, leasing and real estate services. As a cooperative bank, Rabobank puts customers’ interests first in its services. Rabobank is committed to being a leading customer-focused cooperative bank in the Netherlands and a leading food and agri bank worldwide. Rabobank employed 43,272 per 31 December 2020. Rabobank Group is active in 38 countries. For more information about the Rabobank Group go to www.rabobank.com.
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