Paris La Défense, October 26 – Worldline [Euronext: WLN], a global leader in payment services, today announces the acquisition of a 55% stake in SoftPos.eu, a Warsaw-based fintech that turns Android devices into secure payment terminals. This acquisition fully embodies Worldline’s goal of providing payment solutions adapted to all forms of commerce and satisfying the business ambitions of customers. According to SoftPos.eu, Worldline is launching a new product internationally: Worldline Tap on Mobile..
SoftPos.eu was created in 2019 by two payment entrepreneurs in Poland. Fintech turns ordinary Android devices into secure payment terminals, allowing merchants to accept card payments without additional hardware.
As part of its strategy, Worldline is looking for new adjacencies on its way to create value through technology and product acquisitions. Together with SoftPos.eu, several partnerships have been launched that create great value. Worldline is a firm believer in fintech entering the market and adding value to product development as a critical addition to the group’s existing merchant suite. Powered by SoftPos.eu technology, Worldline will leverage its extensive portfolio from engagement to acquisition to increase customer value across all verticals.
Worldline Tap on Mobile.
Worldline Tap on Mobile. is a unique end-to-end solution based on an Android application that enables all merchants, from micro to large, to accept payments via a smartphone, tablet or enterprise device with a single tap. The solution is designed to accept small amounts simply by “touching” but also larger amounts by entering the PIN on the screen.
Worldline Tap on Mobile. will support the growth of its customers:
- Modern, convenient, easy and fast acceptance of contactless payments
- Flexibility without the need for additional hardware is suitable for all vertical areas
- A secure, PCI-certified solution with PIN entry for high-value payments
- A cost-effective solution that replaces or complements the existing vehicle fleet
- Possibilities of integration with third-party applications
Worldline Tap on Mobile. is the first payment application approved by Zebra Technologies. Zebra Technologies is a global leader in enterprise asset intelligence, providing handheld devices for a variety of verticals. The product has been fully certified by Zebra, making Worldline the first Zebra payment partner worldwide. Through this partnership, specialized integrators and partners across all segments can add payment to their customer offerings using Android devices.
Niklaus Santschi, Head of Merchant Services at Worldline, commented: “Appetite for mobile payments is felt both by consumers and businesses. With the acquisition of SoftPos.eu and the realization of the specific business of Worldline Tap on Mobile, Worldline now offers its customers a complete set of solutions adapted to all growth ambitions. Complementing our existing offerings, Worldline Tap on Mobile offers convenience and flexibility for trades of all sizes, all about a single and secure tap. Worldline now includes a new core functionality for the payments value chain itself, allowing it to be customized as needed for both existing and new customers. This marks an important new strategic position for our company in the current environment where we have many business opportunities, and we are simply excited about the road ahead.
Grzegorz Nowakowski, CEO of SoftPos.eucommented: “Worldline was the first major player to trust SoftPos, its team and its product. Back in 2020, when we started our cooperation, the app terminal market was much smaller than it is now. From day one, we felt that only with the support of a strong strategic partner would we exploit all the opportunities for growth. Now we can clearly see that we were right. We are very happy that the evaluation was mutual and we have reached this investment stage. SoftPos.eu has developed an advanced yet easy-to-use technology that is already actively used by many merchants of all sizes across Europe. Worldline as a strategic investor means strong support for both further product development and sales to other markets and merchants.
More information about the Worldline Tap on Mobile solution here.
World line [Euronext: WLN] is a global leader in the payments industry and the technology partner of choice for merchants, banks and buyers. With 18,000 employees in more than 40 countries, Worldline provides its customers with sustainable, reliable and innovative solutions that drive their growth. Worldline’s services include in-store and online purchases, highly secure payment processing and a range of digital services. in 2021 Worldline generated almost 4 billion euros in revenue. worldline.com
Download our 2021 integrated report
Click on the contact
+33 7 72 25 96 04