The collaboration will enable Printec Group and Worldline to expand the range of payment services in 16 countries in Central and Eastern Europe.
Financial Institutions will benefit from Printec’s expanded portfolio of services, complemented by Worldline’s processing services and solutions, allowing Printec Group to cater to the evolving needs of financial institutions, by offering effective business models that enable them to focus on developing their customer relationships. In addition to acquiring processing, the scope of the partnership encompasses other business areas, including issuing processing, account payments, and digital services.
The partnership also provides numerous benefits for merchants. Printec Group's distinctive payment platform offers them commercial acquiring services on all acceptance channels and will bring banks, merchants, and consumers closer since they will be able to interact in a secure, agile, and seamless way. In addition, they benefit from a one-stop-shop service for all their payment needs, while consumers enjoy advanced digital payment services.
Worldline’s officials stated that they are happy to announce the signing of this strategic partnership with Printec Group. Worldline’s range of payment solutions and services is ideally placed to meet the current market needs across the CEE region. In partnering with Printec, Worldline reinforces its commitment to developing its presence across the CEE region and stimulating further business growth and opportunities.
Also commenting on the partnership, Printec’s representatives explained that this partnership is aligned with Printec's strategy of creating an independent payment infrastructure by providing outsourcing services to all customers. The value of this shared vision with Worldline is that it fulfils the market needs by delivering innovative and operationally efficient end-to-end payment infrastructure which enables business growth and provides value to all parties involved.
Worldline is a global player in the payments industry and the technology partner of choice for merchants, banks, and acquirers. Powered by around 18,000 employees in more than 40 countries, Worldline provides its clients with sustainable, trusted, and innovative solutions fostering their growth. Services offered by Worldline include in-store and online commercial acquiring, highly secure payment transaction processing, and numerous digital services.
Printec facilitates business-to-customer transaction technology integration. It operates throughout 16 countries in Central and Eastern Europe, employing more than 900 people and provides a wide range of business solutions that improve human interaction, making everyday life easier. Through their solutions and services, they enable more than 500 businesses to leverage innovative technology so as to deliver superior customer experience and at the same time achieve operational efficiency and regulatory compliance.
For more information about Worldline, please check out the company profile in The Paypers Company Database.
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