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Worldline acquires majority stake in SoftPos.eu

Wednesday 26 October 2022 11:31 CET | News

Worldline, a payment services provider, has closed the acquisition of a 55% stake in SoftPos.eu, a Poland-based payment terminal provider.

SoftPos.eu was created in 2019 by two payment entrepreneurs in Poland. The fintech converts regular Android devices into secure payment terminals, enabling merchants to accept card payments without the need for additional hardware.

This acquisition fully embeds Worldline’s objective to provide payment solutions that are adapted to all forms of commerce and serve the business ambitions of its clients. Based on SoftPos.eu, Worldline is launching a new product internationally: Worldline Tap on Mobile.

As part of its strategy, Worldline is exploring new adjacencies in its value creation journey through technologies and products acquisitions. Together with SoftPos.eu, several partnerships with substantial value creation have been launched. Supported by SoftPos.eu technology, Worldline will leverage its portfolio, from onboarding to acquiring, and improve customer value across all verticals.

Worldline Tap on Mobile

Worldline Tap on Mobile is an end-to-end solution based on Android application that allows all merchants – from micro to large – to accept payments using a smartphone, tablet, or enterprise device through one single tap. The solution is designed to accept small amounts simply by ‘tap’ but also larger amounts with PIN entry on the screen.

Worldline, a payment services provider, has closed the acquisition of a 55% stake in SoftPos.eu, a Poland-based.

Worldline Tap on Mobile will support the growth of its clients with:

  • Modern, convenient, easy, and fast acceptance of contactless payments

  • Flexibility, with no additional hardware needed, suited for all verticals

  • Secure, PCI-certified solution, with pin-entry for high value payments

  • Cost-effective solution replacing or complementing their existing fleet

  • Integration capabilities with third-party applications

Worldline Tap on Mobile is a payments application certified by Zebra Technologies. Zebra Technologies is a provider of enterprise asset intelligence, providing handheld devices for a large variety of verticals. The product has been fully certified by Zebra and makes Worldline one of the first payment partners of Zebra globally. Through this partnership, specialised integrators and partners in all segments can add payment to their customers’ offering over their Android devices.

Other Worldline partnerships

In September 2022, Worldline has announced an agreement to acquire 40% stake in Netherlands-based PSP, Online Payment Platform B.V. The partnership with Worldline enables OPP’s expansion within the former’s core European markets and allows it to capture the market opportunity of marketplaces and platforms. For Wordline, the transaction adds on to its expansion profile and allows collaboration between both parties involved through its sale infrastructure. Aligned with Worldline’s strategic roadmap, this transaction follows the company as it expands into ecommerce.

In October 2022, Worldline has started collaborating with NPCI International to expand acceptance of mobile payments for Indian tourists across Europe. The collaboration will see Worldline become one of the first EU acquirers to offer Unified Payments Interface (UPI) and RuPay, two products of the National Payments Company of India (NPCI), to European merchants whilst providing an opportunity for them to build on their Indian customer base.

To find more about Worldline, check their profile in our company database.


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Keywords: product launch, merchant, acquisition, fintech, PSP
Categories: Payments & Commerce
Companies: Softpos, Worldline
Countries: World
This article is part of category

Payments & Commerce

Softpos

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Worldline

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