French financial services company, Worldline has acquired Ingenico, another France–based finance company to become the largest European payments firm.
This step will take Worldline closer to its aim of enabling sustainable and profitable economic growth for banks, merchants and the entire payments ecosystem.
According to the announcement – Merchants can expect solutions and services that support their growth agenda, and a wider range of digital payment capabilities for operational efficiencies and better customer engagement through – State-of-the-art integrated payment solutions, advanced technology, enhanced innovation capacities, and extended global footprint.
Gilles Grapinet, Chairman and CEO of Worldline, said: “This is a very exciting milestone for Worldline, specifically designed to decidedly reinforce the value proposition of our businesses. Having the scale and now global capabilities, we have reshaped our group entirely in order to support, now more than ever, our clients, merchants and banks in particular, enabling them to rely on state-of-the-art electronic payment services to accelerate their own growth as well as their digital transformation strategy. In doing so, we are more than ever committed to contributing to the sustainable growth of the societies we operate in, while remaining at the highest possible level of social and environmental responsibility.”
He added – “Despite the difficult times we are all facing at the moment, I have never been this confident in the group’s potential and future and in its 20,000 employees.”
With 20,000 employees and presence in 50 countries, Worldline currently, is the largest European player in payment services and the fourth largest player in the world.
–AK
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