Wellington Hds. Share Discussion Threads

[waldron] 25/10/2023 12:11

Euronext Paris 12:09:41 2023-10-25 pm


Worldline


9.654 EUR -58.21%

[waldron] 25/10/2023 12:09

Worldline shares halve on depressed outloook
1 hour ago
finextra

Shares in payment service provider Worldline slipped by more than half after the vendor warned of a deteriorating outlook for sales and the termination of a number of merchant relationships due to soaring cyber crime rates.

Worldline’s Q3 2023 revenue reached €1,182 million, representing +4.8% organic growth. This was mainly driven by Merchant Services, which were up by 7.6%. Financial Services was down -2.9%, due to delays of new signing contracts.

The company says macroeconomic challenges are beginning to impact some of its key markets, particularly in Germany where the slowdown has disrupted consumer spending patterns.

The company is also planning to terminate a number of merchant relationships due to rising cases of cyber crime. The scope of such online merchants could represent up to €130 million in lost run rate 2023 revenues.

Gilles Grapinet, CEO of Worldline, says: “After a solid start of the year, we now enter into a second semester where the macro environment deteriorates, in particular in Germany. This evolution is reflected in our third quarter performance despite satisfactory commercial developments in Merchant Services."

He says the firm has initiated a new cost savings plan aimed at cutting €200 million in expenses by 2025.

Shares in the vendor dipped 53% as markets digested the distressed outloook.

[ariane] 01/8/2023 05:33

Crédit Agricole and Worldline sign a binding agreement to create a major player in merchant services in France

By NS Banking Staff Writer

31 Jul 2023

Crédit Agricole and Worldline sign a binding agreement to create a major player in merchant services in France


Worldline [Euronext: WLN] and Crédit Agricole [Euronext: ACA], announced the signing of a binding agreement, a new step in the strategic partnership to create a major player in the French payment market.

Following their exclusive negotiations announced last April, the Crédit Agricole group and the Worldline group have specified, in an agreement signed today, the outlines of their partnership project in the merchant payment services sector.

The Boards of Directors of all the entities concerned in each of the two groups have approved the terms of the binding, exclusive agreement, thus marking a new milestone in this partnership project. The transaction is still subject to the approval of regulators and customary authorities.

This unique and innovative alliance would enable the two partners to create a joint venture with the ambition of becoming a major player in payment services in France. It would leverage the high-level technological performance and innovation capabilities of Worldline, combined with the commercial strengths and exceptional knowledge of the French market of Crédit Agricole and its distribution networks.

The operation is being conducted in accordance with the announced schedule. It is expected that the required approvals will be obtained then the joint venture be operational by the end of 2023; which will enable to launch its offers at the beginning of 2024.

Source: Company Press Release

[ariane] 15/5/2023 07:17

Upcoming events on WORLDLINE

June/08/23 Annual General Meeting

July/26/23 | 06:00am Interim 2023 Earnings Release

[ariane] 15/5/2023 07:15

Consensus

Mean consensus BUY

Number of Analysts 21

Last Close Price 39,53 €

Average target price 54,80 €
Spread / Average Target 38,6%

High Price Target 91,00 €
Spread / Highest target 130%

Low Price Target 33,07 €
Spread / Lowest Target -16,3%

[ariane] 15/5/2023 07:14

(Boursier.com) - In a letter received by the AMF on 9 May, Harris Associates LP, acting on behalf of funds and clients under management, declared that on 4 May it had exceeded the threshold of 5% of the voting rights in Worldline.


On behalf of funds and clients, it holds 16,303,218 Worldline shares representing the same number of voting rights, i.e. 5.79% of the company's capital and 5.01% of its voting rights.

This threshold crossing is the result of an acquisition of Worldline shares on the market.

[maywillow] 18/4/2023 18:49

Worldline SA


39.20 EUR +0.060 (0.15%)

Apr 18, 17:39 GMT+2

[florenceorbis] 18/4/2023 10:10

[France] WORLDLINE (WLN)

Euronext Paris - 11:09:45 18/04/2023


39.05 EUR -0.23%

[grupo guitarlumber] 17/4/2023 11:43

Many surprised it broke thru Resistance but will it gap up

[France] WORLDLINE (WLN)

Real-time Euronext Paris - 11:40:09 17/04/2023 BST

39.85 EUR +4.05%

[waldron] 29/1/2023 09:51

Worldline Develops Buland Bharat Digital Payments Suite for Small Business Merchants in India
by Tyler PatheJanuary 29, 2023

Worldline launches digital payments suite for small and medium businesses (SMBs) in India.

Buland Bharat, the latest development from the payment services provider Worldline, introduces a 360° digital payments suite for SMB merchants in India.

Payment services provider Worldline’s latest development, Buland Bharat, serves a 360° digital payments suite for SMB merchants in India.

Buland Bharat provides merchants with capabilities to accept and process digital payments within a variety of omnichannel scenarios.

This includes the acceptance of in-store payments via POS terminals, softPOS and QR codes, the acceptance of online payments, subscription payments and payment links with Worldline’s payment gateway and the ability to engage with customers directly across multiple touchpoints with the provider’s single convergence platform.

The payments suite also covers supply chain finance, helping merchants to manage cash flow and business liquidity.

Taking India digital

Worldline’s Buland Bharat digital payments form part of the provider’s wider effort to align with the Indian government’s Digital India initiative.

Coming into motion eight years ago, the initiative intends to empower India’s 1.3 billion-strong population with more accessible digital services.

Although not strictly limited to the use of financial products and tools, the application of fintech has come as a major benefit to the initiative’s success, and the worldwide fintech community continues to extend itself to India as a means to satisfy this desire for digital.


Wordline Buland Bharat

Sheik Mohideen, senior vice president of SMB and partnership, Worldline India

Speaking on the launch of the suite, Sheik Mohideen, senior vice president of SMB and partnership at Worldline India, recognises India’s SMBs as “growth drivers for our country’s economy.”

“The new suite will help SMBs to get all their digital payment acceptance requirements covered under one roof,” comments Mohideen, before adding that Worldline’s incorporated softPOS offering “will empower SMBs in a big way to accept digital payments affordably.”

The features included in the Buland Bharat suite are the definition of Worldline’s comprehensive understanding of SMB demands and the various payment challenges they encounter across differing sizes, categories and business life cycles.

Worldline continues to focus on serving the SMB community across Asia while boosting digital financial inclusion; two paramount focus areas for the provider this year.

Verticals like retail stores, e-commerce, education, hospitality, government and utility contributed to the growth in the vertical for Worldline in India in the last 12 months.

The company also notes that tier II and III cities are at the forefront for growth of its SMB vertical in these months purely riding on the wave of digitalisation.
Author

Tyler Pathe

Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

[sarkasm] 12/1/2023 06:43

PARIS (Agefi-Dow Jones)--The electronic payments specialist Worldline announced on Thursday that it had completed the acquisition of a 40% stake in the Dutch company Online Payment Platform, for an undisclosed amount. The deal was originally announced for late September 2022. Worldline shares closed at 40.52 euros on Wednesday. ([e-mail]) ed: VLV


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


January 12, 2023 01:14 ET (06:14 GMT)

Translated with www.DeepL.com/Translator (free version)

[waldron] 08/11/2022 10:26

Worldline to acquire merchant acquiring activities of Banco Desio

Banking ServicesCards and Payments

By NS Banking Staff Writer 08 Nov 2022

In addition to merchant acquiring activities, Worldline will enter into a commercial partnership with the Italian lender to distribute its payment products and services to the bank’s merchant customers in Italy
towfiqu-barbhuiya-xkArbdUcUeE-unsplash

Worldline to acquire Banco Desio merchant acquiring operations. (Credit: Towfiqu barbhuiya on Unsplash)

French payment services company Worldline has entered into a binding agreement to acquire the merchant acquiring activities of Banco Desio.

Banco Desio is an Italian banking group with a network of more than 230 branches and manages marketing and distribution of over 19,000 POS to the merchants within its network.

Its merchant acquiring portfolio is claimed to deliver payment solutions to nearly 15,000 merchants and generate around 40 million transactions per year.

In addition, Worldline will enter into a commercial partnership with the Italian lender to distribute its payment products and services to the bank’s merchant customers in Italy.

The transaction is expected to close in the first quarter of 2023 and would bring in extra revenue of around €15m within the first year.

Worldline CEO Gilles Grapinet said: “This operation is fully in line with our strategy to further expand our Merchant Services activities towards the South of Europe and in particular in Italy, a highly attractive and strategic market for Worldline.

“This transaction offers attractive development opportunities for Worldline in the coming years, leveraging a strong banking network as a key commercial channel in order to distribute Worldline’s full suite of end-to-end payment solutions to merchants.

“With this transaction, Worldline keeps on playing the leading role in the consolidation of the European payments industry, with a focus on value-creating consolidation opportunities, enhancing Worldline scale, reach and significant presence.”

Worldline said that the transaction, which follows its acquisition of Axepta Italy earlier this year, is in line with its strategy to strengthen its presence in Italy.

According to the payment services firm, Italy is the third largest economy in Europe with a high cash penetration, where cash accounts for nearly 76% of total payment volume in 2021.

The country has seen a rapid shift from cash to card and electronic payment adoption and has one of the highest POS densities per inhabitants in Europe.

Worldline said that the transactions acquired are well balanced by card type, with credit cards, PagoBancomat, and debit and prepaid cards.

Earlier this month, Worldline integrated its fraud management technology into the Finland-based S-Bank to enable real-time fraud detection for debit and credit cards.

[ariane] 16/7/2022 09:43

Worldline Partners With Casio to Boost Card Acceptance for Merchants in Japan

by The Fintech TimesJuly 16, 2022

Worldline has joined forces with Casio Computer to shake up Japan’s ‘cumbersome payment acceptance ecosystem’ by facilitating card payments and cashless shopping in the country.

The strategic business alliance between Worldline and Casio also includes Vesca, a local provider of payment solutions and network service provider and is targeted at mainly SME merchants across Japan.

It follows an announcement earlier this year that Worldline had forged a partnership with Vesca to enter the Japanese merchant services market.

Worldline provides transaction processing and leverages the footprint, scale and technology of its global payment processing facilities, while Casio is the front-end for merchants. Meanwhile, Vesca is the technical enabler that acts as the acceptance layer in Japan.

The companies say their alliance will successfully address the challenges posed by the Japanese ecosystem when it comes to card payments – ‘cash dominated consumer behaviours and cumbersome lengthy onboarding processes’.

“We are extremely proud to be working with a prestigious brand such as Casio and we are confident this partnership is the right choice for our presence in the Japanese market,” said Vincent Roland, head of merchant services at Worldline. “Our offering will booster card payments in a market with huge potential.”

Shigenori Fujii, senior general manager, system business unit at Casio, added: “Worldline is the leading payments solutions provider in Europe, and it only made sense to collaborate with them as we aim to enlarge our offering for checkout payments and cashless services in Japan. Their professionalism and expertise are unparalleled. We want to develop this partnership further.”

Building relationships with key local actors and delivering offerings using the latest payment technology are two core components of Worldline’s growth strategy when it comes to penetrate new markets.




The Fintech Times

[gibbs1] 31/5/2022 10:48

FINEXTRA

Worldline establishes metaverse showroom


Worldline has entered the metaverse with the launch of a dedicated virtual showroom to help merchants bridge the gap between virtual and real worlds for commerce scenarios.


The Worldline showroom is located in Decentraland in the Crypto Valley area.


It currently includes a 'merchant of the month' area, a coffee space powered by Payone - Worldline’s Joint Venture with the German Sparkassen-Finanzgruppe - for social interactions, a virtual event stage and a charitable giving platform.

Worldline is working with crypto processing partner Bitcoin Suisse to enable shoppers to convert fiat to the Decentraland crypto currency to ease the effort of purchasing goods and services at metaverse stores.

The vendor says it intends to invest "significant resources" to the development and distribution of Metaverse-related products specifically tailored to meet the needs of merchants within 3D virtual worlds.

This entails the design of metaverse white label stores that will include direct payment connections to Worldline Acquiring and all payment options.

Sascha Muenger, metaverse expert at Worldline’s Merchant Services, says: “The metaverse, and Web 3.0 overall, is without doubt the next step in the development of the Internet and it is vital for us to make sure we harness the opportunities this virtual world will bring.


Our plans also involve facilitating access for our merchant base and customers and providing a secure and seamless payment process in the Metaverse.”

[florenceorbis] 04/5/2022 15:51

Worldline partners with MYRA to deliver cutting edge customer payment experience for the hospitality sector

Banking ServicesCards and Payments

By NS Banking Staff Writer 04 May 2022

MYRA is the premier self check-in for online and kiosk solutions and a perfect fit for hotels ranging from upscale luxury to economic budget, be it part of an international chain, regional group, independent or boutique properties
towfiqu-barbhuiya-HNPrWOH2Z8U-unsplash

Worldline partners with MYRA. (Credit: Towfiqu barbhuiya on Unsplash)

Worldline (Euronext: WLN), a global leader in payment services, is partnering with MYRA, one of the world’s premier providers of self-check-in solutions both online and at kiosks, to develop a state-of-the-art customer payment solution specifically tailored to the hospitality sector.

The solution will be showcased through a pilot project currently being undertaken with leading international hotel chain, Leonardo Hotels, encompassing over 200 hotels in 90 countries. The collaboration will see MYRA’s kiosks working alongside Worldline’s unattended payment terminals and acquiring services to help ensure every guest has the best payment experience.After the current hotel pilot with Leonardo, the new solution will ultimately be available and rolled out across more than 10 European markets.

Having worked together on various joint initiatives since 2020, one of the principal objectives of this new collaboration between MYRA and Worldline is to ensure that the customer will only need to interact with a single self-service payment station and deal with only one solution provider. The solution enables hoteliers to complement their existing pay at the desk and online payment offerings with contemporary self-service offering, thus delivering a frictionless, integrated payment experience for all their guests.

A key element in the collaboration is the need for an all-in-one payment terminal for the MYRA self-service kiosks. Worldline’s VALINA unattended terminal meets this requirement and can be seamlessly integrated into MYRA kiosks. In addition, Worldline acquiring services cover all hospitality payment needs such as omnichannel use cases, top ups, and allowing walk-in guests to check-in, thereby providing a much-enhanced guest payment experience. Thus, MYRA can benefit from Worldline’s expertise as their 360°payment partner.

The Covid-19 pandemic brought about a change in customer demands and needs – especially within the hotel sector. While some guests still prefer personal interaction, others are expecting convenient frictionless solutions that reduce contact with hotel staff while maintaining the same high service levels. To meet these needs, new solutions have become necessary throughout all hotel areas including the front desk, enabling self-check-in/out; through to the restaurant and bar with pay at the table solutions; and in ‘food to go’ areas inside the hotels, amongst others.

Chris Lanckbeen, Global Sales Director Travel & Hospitality at Worldline, said: “We are delighted to be extending our relationship with our partners at MYRA with this exciting pilot project. Together, our solution is very much at the cutting edge of what discerning hotel businesses are looking for, and need, in order to get and stay ahead in the dynamic hospitality space. It clearly positions Worldline as a key player in the self-service payment space for the sector and is a value-added service which neatly complements our WL Hospitality Suite solution.”

Jack Tan, MYRA’s Chief Marketing Officer, added: “By partnering with Worldline we can focus on our core business – the provision of self-service kiosk solutions, including all additional required features – leaving the acquiring services element to be handled securely and effectively by Worldline. This will give our hotel customers and their end-users the ability to interact with a single self-service payment station through a simple and individual solution provider.”

Source: Company Press Release

[sarkasm] 04/4/2022 11:40

Finextra free daily newsletter

Worldline completes deal for controlling stake in ANZ's merchant acquiring business
47 minutes ago


Worldline has closed a A$485 million deal to acquire a controlling stake in the commercial acquiring business of ANZ, Australia’s third largest acquirer which commands a 20% share of the market.


The acquisition, which was first announced in December 2020, entails the creation of a 51%-49% joint-venture controlled by Worldline to operate and develop commercial acquiring services in Australia, providing the vendor with an opportunity to expand its business outside of Europe in a highly dynamic market.

Similar to Europe in terms of market structure, payment standards and technology, the Australian payment market has a high level adoption of electronic payments and is ranked #4 globally for payment terminals per capita, with consumer use of contactless cards and digital wallets amongst the highest in the world.

Worldline expects the alliance will grow revenue at a double-digit rate in the coming years through cross and up-sell opportunities in digital onboarding, alternative payment methods and fraud detection across the existing merchant portfolio.

With annual revenue of €180 million, the business runs at an Operating Margin Before Depreciation and Amortization (OMDA) of 20%. Worldline anticipates double-digit organic growth over the next five years with the objective to reach €25 million additional OMDA by 2025.

[waldron] 25/3/2022 11:27

Worldline: Morgan Stanley lowers its price target from 60 to 49 EUR.

[waldron] 19/3/2022 07:09

Consensus


Mean consensus BUY

Number of Analysts 18

Last Close Price 41,93 €

Average target price 70,22 €
Spread / Average Target 67,5%

High Price Target 100,00 €
Spread / Highest target 139%

Low Price Target 33,07 €
Spread / Lowest Target -21,1%

[waldron] 19/3/2022 07:07

PARIS (Agefi-Dow Jones)--The specialist in electronic payments
Worldline said on Friday it had little exposure to the war in Ukraine.
and its impact on international transactions.

Approximately 1.5% of turnover is generated in activities
related to Russia, mainly transactions between
Russian consumers and international merchants, said
Worldline in a press release.

[waldron] 02/3/2022 06:04

Invest Securities reaffirms its 'buy' recommendation on Worldline with a price target raised from 70 to 72 euros, believing that the payment solutions group "is in the process of restoring its image at the beginning of the year".

"After announcing the sale of the terminals business to Apollo at a better price and with a better than expected schedule, the group unveiled last week reassuring 2021 results and solid 2022 guidance," said the analyst.

"The financial communication effort (new KPIs) is also to be highlighted," adds Invest Securities, which leaves its estimates almost unchanged and points to an exposure to the Russia/Ukraine zone almost zero.

[grupo guitarlumber] 12/2/2022 08:09

Worldline close to an agreement with the Apollo fund for the sale of its payment terminals for nearly $ 2.3 billion -sources

[gibbs1] 11/2/2022 20:05

HomeNewsPaytechAlipay+ To Be Accepted by European Merchants Through Wordline Integration

Alipay+ To Be Accepted by European Merchants Through Wordline Integration
by Francis BignellFebruary 11, 2022

Further establishing itself as the European leader in the payments and transactional services industry and #4 player worldwide, Worldline has announced the integration of Alipay+. This integration will enable Worldline to offer expanded mobile payments and other digital payment methods for merchants in-store and online across Europe.

Worldline is the first acquirer to enter into a full-scale multi-country integration with Alipay+, a suite of global cross-border digital payments and marketing solutions operated by Ant Group launched in 2020. It supports a wide range of digital payments methods, including eWallets and bank apps, such as Touch ‘n Go eWallet in Malaysia, TrueMoney in Thailand, GCash in the Philippines, Kakao Pay in South Korea, as well as Alipay and AlipayHK in China.

With a rollout expected to start in 2022, the enhanced payments solution works with all Worldline terminals and applications and provides the same QR code for each new digital payment method. This brings ease of use to merchants as no change is required in merchants’ operations and the payment method recognition works fully automatically. Merchants also benefit from increased customer relations as online shoppers and travellers from Asia will experience a familiar, secure, seamless and entirely automated payment flow.

Merchants from all sectors, including retail, F&B and hospitality across Europe, can simply reap the benefits by upgrading the fully integrated POS and eCommerce solution from Worldline to enable Alipay+ acceptance, through effortless software updates with no additional investment.

Vincent Roland, Managing Director Merchant Services at Worldline said: “We are very happy to extend our partnership with Ant Group which has been a trusted partner for several years. We are particularly proud to be the first acquirer to form this partnership in Europe with such a globally recognised and respected brand. At Worldline, our key ambition is to create maximum simplicity for both merchants and their customers in order to provide a smooth payment journey. By supporting the acceptance of Alipay+, we will help our customers in Europe to offer Asian shoppers and tourists with a secure, trusted and easy payment experience.”

Angel Zhao, President of Ant Group’s International Business Group said: “Worldline and Ant Group are longstanding and trusted partners. Therefore, we know Worldline’s expertise will make a fundamental contribution to our mission of enabling European companies to reach, target and sell to global consumers, enabling payments, promotions and digital services with a simple POS and eCommerce integration. Alipay+ is a suite of innovative solutions already connected with more than one billion customers in Asia. It lets users interact with merchants, natively from their favourite digital payment methods, wallets or mobile banking, with a secure and seamless experience. Worldline is the perfect partner to leverage Alipay+ features to help European merchants accelerate their globalisation and digitisation journey.”

The integration is also part of Worldline’s ongoing efforts to reinforce its long-lasting global partnership with Ant Group. Worldline and Ant Group have been engaged in a partnership since 2016 and have together laid the foundation for merchants from more than 30 European countries to be connected to Alipay, thus already having benefitted from access to the growing number of Chinese tourists travelling to Europe in the past five years.
Author

Francis Bignell

Francis is a junior journalist with a BA in Classical Civilization, he has a specialist interest in North and South America.