Worldline completes the acquisition of Eurobank Merchant Acquiring activities
30 Juni 2022 - 06:00PM
Worldline completes the acquisition of Eurobank Merchant Acquiring
activities
Worldline completes the acquisition
ofEurobank Merchant Acquiring
activities
Paris La Défense, June 30, 2022 –
Worldline [Euronext: WLN], a global leader in payment services,
today announces the completion of the acquisition of Eurobank
Merchant Acquiring activities, as part of its European
consolidation strategy.
Eurobank Merchant Acquiring (EBMA) is a
meaningful card acquirer in the very dynamic Greek market with 21%
share of transaction volumes processed in the country. EBMA manages
c. 219 million transactions acquired per year representing a
payment volume of c. € 7 billion from a c. 190,000 POS
network. The company serves a well-diversified and high-quality
portfolio of 123,000 merchants of which more than 50% are SMBs in
MSV terms.
This acquisition represents an opportunity for
Worldline to strongly expand its Merchant Services activities in
this dynamic Southern European market, still driven by the shift
from cash to card with a significant electronic payments adoption
rate and online and e-commerce development. In parallel, the
exposure to the Greek economy fueled by the travel &
hospitality industry offers added growth opportunities.
In this rapidly changing industry, driven by the
customers’ adoption of numerous and innovative payment methods,
Eurobank Merchant Acquiring is the ideal cornerstone to further
deploy Worldline payment offerings and value-added services
capabilities in the Greek market, combined with the large
acceptance network of Cardlink (acquired in 2021) to offer
end-to-end payment services.
As part of the transaction, Worldline enters a
long-term commercial partnership with Eurobank aiming to leverage
its strong banking network as a key commercial channel in order to
distribute Worldline’s and EBMA best-in-class payment product and
services to physical and online merchants.
As the European leader in payments, Worldline
keeps executing its strategic roadmap with a focus on
value-creative consolidation opportunities to enhance its scale,
reach and direct presence in a growing number of countries in close
partnership with leading local financial institutions.
Forthcoming events
- July 27,
2022 H1
2022 results
- October 25,
2022 Q3 2022
revenue
Contacts
Investor Relations
Laurent Marie+33 7 84 50 18
90laurent.marie@worldline.com
Benoit d’Amécourt+33 6 75 51 41
47benoit.damecourt@worldline.com
Communication
Sandrine van der Ghinst+32 499 58 53
80sandrine.vanderghinst@worldline.com
Hélène Carlander+33 7 72 25 96
04helene.carlander@worldline.com
About Worldline
Worldline [Euronext: WLN] is a global leader in
the payments industry and the technology partner of choice for
merchants, banks and acquirers. Powered by 20,000 employees in more
than 50 countries, Worldline provides its clients with sustainable,
trusted and innovative solutions fostering their growth. Services
offered by Worldline include instore and online commercial
acquiring, highly secure payment transaction processing and
numerous digital services. In 2021 Worldline generated a proforma
revenue close to 4 billion euros. worldline.com
Worldline’s corporate purpose (“raison d’être”)
is to design and operate leading digital payment and transactional
solutions that enable sustainable economic growth and reinforce
trust and security in our societies. Worldline makes them
environmentally friendly, widely accessible, and supports social
transformation.
Disclaimer
This document contains forward-looking
statements that involve risks and uncertainties, including
references, concerning the Group's expected growth and
profitability in the future which may significantly impact the
expected performance indicated in the forward-looking statements.
These risks and uncertainties are linked to factors out of the
control of the Company and not precisely estimated, such as market
conditions or competitors’ behaviours. Any forward-looking
statements made in this document are statements about Worldline’s
beliefs and expectations and should be evaluated as such.
Forward-looking statements include statements that may relate to
Worldline’s plans, objectives, strategies, goals, future events,
future revenues or synergies, or performance, and other information
that is not historical information. Actual events or results may
differ from those described in this document due to a number of
risks and uncertainties that are described within the 2021
Universal Registration Document filed with the French Autorité des
marchés financiers (AMF) on April 25, 2022 under the filling
number: D.22-0342.
Worldline does not undertake, and specifically
disclaims, any obligation or responsibility to update or amend any
of the information above except as otherwise required by law.
This document is disseminated for information
purposes only and does not constitute an offer to purchase, or a
solicitation of an offer to sell, any securities in the United
States or any other jurisdiction. Securities may not be offered or
sold in the United States unless they have been registered under
the U.S. Securities Act of 1933, as amended (the “U.S. Securities
Act”) or the securities laws of any U.S. state, or are exempt from
registration. The securities that may be offered in any transaction
have not been and will not be registered under the U.S. Securities
Act or the securities laws of any U.S. state and Worldline does not
intend to make a public offering of any such securities in the
United States.
- Worldline completes the acquisition of Eurobank Merchant
Acquiring activities - PR
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