1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Worldline
  6. News
  7. Summary
    WLN   FR0011981968


Real-time Euronext Paris  -  05/19 11:35:15 am EDT
36.99 EUR   +2.95%
12:01pWorldline - 2022 General meeting - Notice of publication of the preparatory documents
12:00pWorldline - 2022 General meeting - Notice of publication of the preparatory documents
05/16BPER, Nexi extend further talks on retailers' payment business
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Worldline : Centrale Bank van Curaçao en Sint Maarten, local banks and Worldline join forces to facilitate Instant Payments

01/13/2022 | 05:11am EDT

Partnership provides major step forward for Instant Payments in the Caribbean region

Willemstad/ Philipsburg/Utrecht, 13 January 2022 - The Centrale Bank van Curaçao en Sint Maarten (CBCS), in close collaboration with Worldline [Euronext: WLN] and the local commercial banks, has implemented the basic infrastructure for Instant Payments (IP). As a result as of 15 January 2022, all interbank payments in and between Curaçao and Sint Maarten and in Bonaire will now be processed within ten seconds, 24 hours a day and 365 days per year. With the exception of two local commercial banks, which will join later in 2022, all banks in Curaçao, Sint Maarten and Bonaire are participating in the IP CSM. The IP CSM, developed by Worldline, fully complies with international standards and ISO 20022.

With the introduction of the Instant Payments CSM, the CBCS is one of the first financial institutions to make use of a dual currency system for Instant Payments. This means that now interbank transactions made with both Netherlands Antillean guilders and United States of America US-dollar ($) are processed within just a few seconds, 24 hours a day, 365 days per year.

Looking to the future, partnership with all local banks

Implementing the infrastructure for IP CSM is only the first step for the CBCS. In collaboration with the local commercial banks and Worldline, additional technological possibilities are being developed. After Instant Payments are available to all bank customers on the islands, the CBCS will expand the payment options to more efficient mobile and on-line P2P (person-to-person), P2B (person-to-business), P2G (person-to-government) and in-store payments. The involvement of other stakeholders in the financial sector will be considered in this context. Later the infrastructure will be connected to IP payment ecosystems in other currencies, such as Aruba and the Netherlands.

Leila Matroos, executive director of the Centrale Bank van Curaçao en Sint Maarten: "The introduction of Instant Payments is the result of our ambition to modernize the technological infrastructure, and to stimulate economic development in Curaçao and Sint Maarten. This way, we are better prepared for the future, and for the countless developments in the world of payments. By working together with an experienced IP processor from the Eurozone, we can easily connect to other countries at a later stage.""The implementation by the Centrale Bank van Curaçao en Sint Maarten is a logical next step after the earlier introduction of Instant Payments by the Central Bank of Aruba. Instant Payments is on its way to becoming the new global payment standard. In this global context, the processing of Instant Payments for different currencies at the same time proves Worldline´s strong ability and ambition to be one of the leading global service providers for payments processing", says Michael Steinbach, Managing Director Financial Services at Worldline. "That is why we continue to support the CBCS with their essential route towards 24/7/365 payments. Being the largest IP processor in the Eurozone, we are therefore very proud to work with the CBCS on this implementation and further expansion."

About Worldline

Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros. worldline.com

Press Contacts WORLDLINE

Marcel Woutersen
T +31 6 29 05 08 71
E marcel.woutersen@worldline.com


Worldline SA published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 10:10:02 UTC.

© Publicnow 2022
All news about WORLDLINE
12:01pWorldline - 2022 General meeting - Notice of publication of the preparatory documents
12:00pWorldline - 2022 General meeting - Notice of publication of the preparatory documents
05/16BPER, Nexi extend further talks on retailers' payment business
05/12Rebound in tourism drive revenue, profits at Italy's Nexi
05/11Amdocs and Worldline Collaborate to Enable Subscription Merchants to Expand Globally
04/27Worldline CFO to Step Down; Successor Nominated
04/27WORLDLINE : Nomination of Grégory Lambertie as Group Chief Financial Officer following the..
04/27Worldline - Nomination of a new Group CFO
04/27Worldline SA Announces Group Chief Financial Officer Changes
04/27Worldline Flags Up To 10% Organic Revenue Growth in FY22
More news
Analyst Recommendations on WORLDLINE
More recommendations
Sales 2022 4 245 M 4 494 M 4 494 M
Net income 2022 423 M 448 M 448 M
Net Debt 2022 2 257 M 2 390 M 2 390 M
P/E ratio 2022 22,6x
Yield 2022 0,43%
Capitalization 10 378 M 10 988 M 10 988 M
EV / Sales 2022 2,98x
EV / Sales 2023 2,54x
Nbr of Employees 20 711
Free-Float 86,5%
Duration : Period :
Worldline Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WORLDLINE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 19
Last Close Price 36,99 €
Average target price 64,94 €
Spread / Average Target 75,6%
EPS Revisions
Managers and Directors
P. F. D. Gilles Grapinet Chief Executive Officer & Director
Eric Heurtaux Chief Financial Officer
Bernard André Joseph Bourigeaud Chairman
Christophe M. W. V. Duquenne Chief Technology Officer
Susan M. Tolson Independent Director
Sector and Competitors
1st jan.Capi. (M$)
WORLDLINE-26.69%10 579
INTUIT INC.-45.07%99 920
ADYEN N.V.-38.82%45 962
KAKAO PAY CORP.-49.51%9 251