France-based payments provider Worldline has acquired Ingenico Group for an undisclosed sum.
Ingenico officials have declared for mobilepaymentstoday.com that the acquisition has been finalised, Worldline having announced in September 2020 it received merger control clearance from the European Commission.
The merger of the two France-based companies will provide a wider range of digital payment capabilities through integrated payment solutions, improved technology, enhanced innovation capabilities and an extended global footprint, according to the press release.
Worldline payment services include online payments, omnichannel solutions and payment terminals, and provides digital banking to 1 million merchants and 1,200 banks and financial institutions. The combined company will include 12,000 Worldline employees and 8,000 from Ingenico, according to Ingenico offcials.
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