Wellington Hds. Share Discussion Threads

[la forge] 14/4/2021 08:31

fintechtimes


HomeWorld MenuEuropeWorldline Releases New Omnichannel Payment Solution for Electric Vehicle Charging

Worldline Releases New Omnichannel Payment Solution for Electric Vehicle Charging
by Polly Jean HarrisonApril 14, 2021


Worldline, a European provider in the payments and transactional services industry, has announced the release of a new unified payment solution that allows consumers in Europe to pay for electric vehicle (EV) charging quickly, conveniently and safely.

The use of EVs is soaring across Europe, with 455,000 vehicles in the United Kingdom at the end of February, while Germany registered 20,000 electric cars in a single month. EV registrations are overtaking diesel vehicles and there is a 71% jump in electric vehicle purchases projected for 2021. The European EV fleet is projected to grow from 2.3 million in 2020 to 34 million by 2030, with public EV chargers growing from 200,000 today to as many as 3 million by 2030.

The growth of EV charging presents a challenge in terms of payments since charging stations are unattended, leading to a risk of non-payment, and will be used by customers with a range of currencies and payment methods. The market requires an end-to-end offering with omnichannel capabilities that allows for app-based, contactless and PIN pad payment authorisation. These payments will also have to be pre-authorised and allow for payment in multiple currencies.

Worldline’s Easy EV solution, suitable for both big infrastructure or as a one-stop-shop for smaller players, addresses the needs of both EV charging geographies and client business models. Payments can be taken on four different card readers with both touchscreen and press-button operation and includes simplified acquiring coverage over Europe. The solution will be rolled out to infrastructure owners, charging point operations, electric mobility providers and EV charger manufacturers across the continent to help supercharge their businesses.

Given the explosive growth of both EVs and digital payments, the WL Easy EV payment solution is uniquely positioned to impact not just the EV charging market, but to become part of everyday life for millions of people across Europe as EVs become more common.

Radu-Vasile Pop, Global Head of Self-Service Verticals, Parking & EV-Charging at Worldline said: “As the world looks to reduce vehicle emissions, our goal is to address all the payment challenges of EV charging in Europe with a simple, smooth and secure customer experience together with a fast & flexible payment process for operators and consumers alike. Our WL Easy EV payment solution combines the best of unattended and online/in-app payments to truly electrify journeys.”
Author

Polly Jean Harrison

Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

[sarkasm] 15/12/2020 07:39

SYDNEY--Australia and New Zealand Banking Group Ltd. has formed a joint venture with European payments company Worldline to provide payments technology and merchant services in Australia.

The Australian bank said Tuesday the tieup involves the formation of a newly created merchant acquiring group. ANZ will have a 49% stake, and Worldline holding a 51% controlling interest.

The new entity will provide access to technology point-of-sale and online payments to small business, commercial and institutional customers in Australia.

"Through this joint venture we will further enhance our capability as a leading transaction bank while continuing to manage customer relationships for broader banking needs. This is another example of our strategy to create a simpler and more digitally focused bank," said Mark Hand, ANZ Executive Australia Retail and Commercial.

In setting up the joint venture, Worldline said it has paid 485 million Australian dollars (US$365.4 million) for a 51% stake in ANZ's commercial acquiring business.

"I am very honored that Worldline has been selected by ANZ to take over the control of its merchant acquiring business as the long term partner of choice to deliver state-of-the-art products and services to its very large portfolio of merchant customers," said Gilles Grapinet, Worldline's Chief Executive.

"Australia is a highly attractive strategic market as it is very close to Europe in terms of market structure, standards and technology, with a high level adoption of electronic payments," he said.

ANZ estimated that completion of the transaction will increase its Level 2 CET1 capital ratio by 5 basis points. The transaction is expected to be completed in late 2021 and is subject to approvals and card scheme arrangements



Write to Alice Uribe at [e-mail]



(END) Dow Jones Newswires

December 14, 2020 17:38 ET (22:38 GMT)

[waldron] 14/12/2020 17:45

Worldline said Monday that it has signed an agreement with Australia & New Zealand Banking Group Ltd. to acquire a 51% stake in the bank's commercial-acquiring business as the company seeks to expand its merchant-services business outside of Europe.

The French fintech company said the stake acquisition is for a cash consideration of around 485 million Australian dollars ($365.4 million).

"Australia is a highly attractive strategic market as it is very close to Europe in terms of market structure, standards and technology, with a high level adoption of electronic payments. Backed by a solid macroeconomic environment and a strong long-term growth potential, the Australian market represents a rare opportunity to scale-up our platforms and roll-out our innovative solutions in very close partnership with such a leading institution as ANZ," said Worldline Chief Executive Gilles Grapinet.

The two companies are establishing a joint venture to operate and develop commercial-acquiring services in Australia, with Worldline retaining 51% and ANZ the remaining 49%.

The transaction is expected to close in the fourth quarter of 2021, Worldline said.



Write to Mauro Orru at [e-mail]; @MauroOrru94



(END) Dow Jones Newswires

December 14, 2020 12:23 ET (17:23 GMT)

[misca2] 06/6/2020 10:45

October 21, 2020

(before market opens)
Third Quarter 2020 revenue

July 21, 2020

(before market opens)
Half-year 2020 results

[misca2] 06/6/2020 10:44

nest strong resistence seems to be71.80 euros

[waldron] 16/5/2020 09:32

October 21, 2020

(before market opens)
Third Quarter 2020 revenue

July 21, 2020

(before market opens)
Half-year 2020 results

June 9, 2020 Shareholder’s Annual General Meeting

[grupo] 02/3/2020 14:15

Worldline plans to expand footprint in US and Asia-Pacific regions
By Verdict Staff March 2, 2020

Worldline is planning to expand its footprint in the global payments space, particularly in the US and Asia-Pacific regions.

Indian business news website Moneycontrol reported the move citing Worldline managing director of global merchant services Vincent Roland. The company manages more than one million merchant terminals in India.

Recently, the payment services firm signed a deal to acquire Ingenico. The $8.6bn deal will create the fourth-biggest payments company in the world.

Worldline plans to leverage the new capabilities to expand its services beyond terminal businesses, Roland told the publication.

It will also provide the company with the capabilities of TechProcess, an Indian firm acquired by Ingenico in 2017.

Roland told the publication: “Going forward, we will be offering an omnichannel payment experience to our merchants and partners, further, as a technology company, we can also provide the entire suite of payment options for banks, thereby opening a new set of business opportunities.”;
Worldline- Ingenico deal: Details

As agreed, Ingenico shareholders will receive 11 Worldline shares and €160.5 in cash for seven Ingenico shares in a primary tender offer. The secondary offer involves an exchange of 56 Worldline shares against 29 Ingenico shares.

The deal value represents a premium of around 16% to Ingenico’s current market capitalisation of around €6.7bn.

The transaction is expected to close by the third quarter of this year.

Worldline shareholders would own 65% of the combined entity, while Ingenico stakeholders will hold the remaining stake.

[the grumpy old men] 18/10/2019 09:08

october/23/2019 | 04:45pm Q3 2019 Sales and Revenue Release

october/23/2019 | 05:15pm Q3 2019 Sales and Revenue Call

[waldron] 16/10/2019 08:41

October 23, 2019 Q3 2019 revenue

[misca2] 15/10/2019 13:59

Summary

Worldline accounts for 4.74 % of our European Portfolio. A trade is currently open since 03/20/2019 with a purchase price of € 51.90.

Discover the other 19 stocks of the European portfolio managed by the MarketScreener portfolio management team.

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.

The company is in a robust financial situation considering its net cash and margin position.

Over the past year, analysts have regularly revised upwards their sales forecast for the company.

Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

Weaknesses

Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

With an enterprise value anticipated at 4.44 times the sales for the current fiscal year, the company turns out to be overvalued.

With an expected P/E ratio at 40.81 and 35.26 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

The company is not the most generous with respect to shareholders' compensation.

[sarkasm] 10/9/2019 14:14

Worldline launches second edition of e-payments challenge
By Verdict Staff September 10, 2019

Payment services firm Worldline has announced the second edition of the ‘e-Payments Challenge 2019’ in Frankfurt, Germany.

The challenge will be held from 17th to 19th September. It will involve fintech start-ups, industry leaders and Worldline experts.

Worldline has pre-selected 25 fintech start-ups, who will be a part of this year’s challenge. The start-ups will partner with the payments company and propose their solutions to its clients with an aim to develop business relationships.

The Worldline clients, including Accor and Erste Group, have set 16 challenges covering B2B payments, digital identity, in-store ultrasound biometric authentication and mobile payment, try now and buy later, among others.

The participants will get 48 hours to develop digital payment solutions for the challenge that they have selected.

They will be able to access Worldline’s assets which include, WL Trusted Authentication, Xs2A TPP and WL Tap 2 Use.

Worldline deputy CEO Marc-Henri Desportes said: “We strongly believe that open collaboration is the key to developing payments solutions for the future. This year’s e-Payments Challenge will not only enable us and our partners to work together with Fintechs to solve some of the business challenges we face, but provide Worldline the opportunity to test our assets and continue to innovate our technology solutions in order to adapt to the changing landscape of payments.”

The team that wins the competition will be able to collaborate with Worldline and the client who sets the challenge.

The winning team can also be a part of global events like National Retail Federation (NRF), New York City, and Mobile World Congress, Sibos.

[maywillow] 19/7/2019 13:41

Summary

Worldline accounts for 5.16 % of our European Portfolio. A trade is currently open since 03/20/2019 with a purchase price of € 51.90. Discover the other 19 stocks of the European portfolio managed by the MarketScreener portfolio management team.

Strengths

Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 59% by 2021.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Over the last twelve months, the sales forecast has been frequently revised upwards.

Weaknesses

Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's enterprise value to sales, at 4.86 times its current sales, is high.
With an expected P/E ratio at 57.09 and 42.8 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
Analysts covering the stock have recently lowered their earnings forecast.
For the last few months, analysts have been revising downwards their earnings forecast.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

[maywillow] 19/7/2019 13:39

Worldline: Macquarie goes from outperformance to neutral from 57.89 to 62.31 EUR.

[waldron] 03/7/2019 14:29

Worldline. Credit Suisse confirms its "underperformance" recommendation and raises its target price from 38 to 47 euros.

[grupo] 16/6/2019 07:57

investir.fr | The 06/13/19 at 08:11 | Updated on 14/06/19 at 11:11
Morgan Stanley degrades its opinion on Saint-Gobain, while Worldine has a price target revised upwards by Berenberg.



Saint Gobain. Morgan Stanley reduces from "overweight" to "online weighting," while lowering its price target from 39.2 to 37.5 euros.

Worldline. Berenberg revises its price target upwards by 9 euros to 70 euros.

[grupo guitarlumber] 05/6/2019 16:28

PARIS (Agefi-Dow Jones) -Worldline and Ingenico gained 6.1% and 3.7%, respectively, Wednesday, in response to press reports suggesting a rapprochement with the Italian Sia.


According to Il Sole 24 Ore, the infrastructure and technology services company for financial institutions Sia is studying several options "all of which lead to a pan-European wedding". Among the potential candidates for this merger are the French Worldline and Ingenico, the newspaper said.


However, there are several obstacles to a transalpine marriage, including the desire of the Italian Caisse des Dépôts, 85% shareholder in Sia, to retain an important role in the new entity, he added.


"That Atos [Worldline's parent company] does not look at the Sia file would be almost worrying.This merger would make sense and would have an accretive effect in a context of consolidation of the European payments industry," said a Paris analyst.


Contacted by Agefi-Dow Jones, a spokeswoman for Sia did not wish to comment. Worldline and Ingenico were not immediately available to respond to this information.


-Francois Schott, Agefi-Dow Jones; [e-mail] ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


June 05, 2019 10:38 ET (14:38 GMT)

[waldron] 04/6/2019 06:07

Worldline: Goldman Sachs goes from neutral to buy with a target price of 52 to 65 EUR.

[grupo] 28/5/2019 07:47

0
28/05/2019 | 9:25

Bezons / Zurich, May 28, 2019 - Worldline [Euronext: WLN], European leader in payment and transaction services, announces it has reached the top position among European UnionPay buyers in 2018, with nearly 20% of the European volume of the card system.

In its annual acquirer statistics, UnionPay lists SIX Payment Services *, which is now part of Worldline, in first place for its European acquisition volumes. The company has been a close partner of UnionPay International since 2006 and offers UnionPay acceptance to its merchant customers in more than 30 countries, both in stores and in e-commerce. Thanks to its leading market position and its unmatched base for UnionPay acceptance in many European countries, including Switzerland and Austria, Worldline has particularly supported the growth of the system acceptance network in high-end retailers and in the Horeca sector in Europe. There is even a UnionPay solution dedicated to hospitality to meet the specific needs of Chinese customers in this important industry. In addition, Worldline provides 100% acceptance coverage for UnionPay at ATMs in Switzerland.

Worldline and UnionPay continue to expand their collaboration: Recently, UnionPay and Worldline announced an agreement to allow the card system to be accepted by some 40,000 additional merchants in the Netherlands, Belgium and Luxembourg.

Globally, Worldline's combined volume ranks 17th among UnionPay's international acquirer partners.

With more than 7.5 billion cards, UnionPay is the world's largest customer-facing payment agency and primarily targets key sectors for tourists, such as shopping malls, duty-free shops, hotels and restaurants. .

* Worldline acquired SIX Payment Service in December 2018, becoming the largest European provider of payment services.
Vincent Roland, Managing Director Merchant Services at Worldline: "The influx of purchasing power from China is a determining factor for the European distribution and tourism sector. Worldline is pleased that our long-term relationship with UnionPay and the European merchant community allows us to promote the acceptance of UnionPay for the benefit of all parties involved. Wei Zhihong, Market Director and Head Europe at UnionPay International, confirms: 'Long-term sustainable relationships are a major success factor for UnionPay. Worldline has been part of our success since the beginning, and we look forward to continuing to grow our business with our largest partner in Europe. "