Wordline: Divests part of Ingenico merchant acquiring business

May 17, 2021

1060

Wordline: Divests part of Ingenico merchant acquiring business

Must read

Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Worldline the European leader in the payments and transactional services industry and #4 player worldwide
As part of the clearance from the European Commission for Worldline’s acquisition of Ingenico provided on 30 September 2020
Committed to divest part of Ingenico merchant acquiring businesses in Austria and in Belgium
In that respect Worldline signed sale and purchase agreements with two purchasers for these merchant acquiring businesses
The Ingenico POS acquiring activities in Austria operated through PAYONE sold to an affiliate of Global Payments
Worldline’s POS acquiring activities in Belgium and Luxembourg, mostly originated from Ingenico sold to Axepta BNP Paribas Benelux