Worldline uses open banking to enable online businesses launch their own payment method

Monday 27 September 2021 14:48 CET | News

Worldline, a France-based payments and transactional services provider, has introduced WL Account-Based Payments, a solution allowing online businesses to launch their own custom-branded payment method.

Worldline’s solution is built with open banking technology which allows third parties to access consumer banking information previously controlled by banks. The payment methods will multiple features, including custom branding, settlement notification, low fees, and comprehensive coverage.

The solution is designed for online brands with a loyal consumer base who would consider using a brand’s own payment method at checkout. Brands who wish to adopt a different strategy can choose a more standardized setup. The solution from Worldline can be accessed through a single API for integration.

Worldline is launching the solution progressively throughout Europe and is continuing its expansion into high growth markets in Asia and Latin America.

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Keywords: online payments, Worldline, payment methods, product launch
Categories: Payments & Commerce
Countries: France
This article is part of category

Payments & Commerce