Worldline [Euronext: WLN], a global enabler of payments services, has been chosen by the Cassa Centrale Group to pursue exclusive negotiations for a long-term partnership in the acquiring world.
The collaboration involves the provision of services “along the value chain of digital payment acceptance and international acquiring for the 66 Group’s Bank Affiliates, owning 1,480 branches in Italy.”
The project involves the supply and management “of POS terminals and exclusive acquiring for international circuits for more than 90,000 POS terminals, generating transacted volumes of more than 9 billion euros in 2023.”
The deal will contribute to “the consolidation of Worldline presence in the Italian market, almost doubling number of merchants and POS terminals. It will also ensure benefits in terms of innovation and evolution of the product portfolio for the benefit of the customer network of the Group’s Banks, which will benefit from Worldline’s specialized solutions and an improved customer experience.”
Stefano Calderano, CEO of Worldline Merchant Services Italy, said:
“We are particularly pleased and honored to have been selected by a major group like Cassa Centrale. This is a recognition of our distinctive ability in the Italian market with a competitive and cutting-edge offering, but most importantly, with a winning business support and assistance model for banks. This partnership allows us to combine our international experience with our Italian know-how and attention to the territory, thanks to the numerous existing partnerships with major Financial Institutions in the country, including BNL / BNP Paribas, Banco Desio and Banca del Fucino.”
As noted in the update, Worldline explains that it “helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely.”
With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline says that it powers “the growth of over one million businesses around the world.”
Worldline reports that it has “generated a 4.6 billion euros revenue in 2023.”