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Worldline completes the divestment of a limited portion of merchant acquiring portfolio

Worldline completes the divestment of a limited portion of merchant acquiring portfolio

Part of the clearance from the European Commission in the context of Worldline’s acquisition of Ingenico, as announced in September 2020

Bezons, November 3rd, 2021 – As part of the clearance from the European Commission provided in September 2020in the context of Worldline’s acquisition of Ingenico, Worldline committed to divest part of Ingenico merchant acquiring businesses in Austria and in Belgium and part of Worldline merchant acquiring business in Luxembourg.

Ingenico POS acquiring activities in Austria operated through PAYONE are sold to an affiliate of Global Payments. All customers of Worldline in Austria which were part of Worldline prior to the combination with Ingenico and that were transferred to PAYONE on March 1st, 2021, remain within PAYONE and are not part of the divested businesses.

The divested Worldline's POS acquiring activities in Belgium and Luxembourg, mostly originated from Ingenico, are sold to Axepta BNP Paribas Benelux.

Divestments are now completed as of November 1st, 2021.

 

About Worldline

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