Worldline Set to Purchase Greece-based Community Companies Supplier Cardlink

Worldline, (Euronext: WLN) a European funds and transactional providers agency, introduced on Friday it’s set to accumulate Greece-based community providers supplier, Cardlink. Worldline claims that Cardlink is the main Greek Community Companies Supplier (NSP) with an above 240,000 POS fleet (46% of POS transactions), managing c. 500 million transactions a 12 months (53% MSV market share). 

“This acquisition represents a privileged alternative for Worldline to strongly broaden its Service provider Companies actions on this enticing European market. Worldline intends to additional develop the longstanding partnerships of Cardlink with key native buying banks that are benefitting from its main POS acceptance capabilities, its direct entry to an current and high-quality retailers’ portfolio, whereas producing vital development alternatives fueled by rising card penetration and on-line capabilities.”

Talking in regards to the acquisition Gilles Grapinet, Worldline’s Chairman and CEO, said:

“The acquisition of Cardlink is a major improvement in our Group consolidation technique in Europe, extending our service provider providers actions in direction of the South of Europe. Due to this transaction, we certainly profit from a number one community providers supplier place within the fast-growing Greek market, pushed by the continuing adoption of digital funds. This transaction affords enticing improvement alternatives for Worldline within the coming years and a robust footprint to additional broaden Cardlink presence in Greece.”

Worldline is the expertise accomplice of alternative for retailers, banks and third-party acquirers in addition to public transport operators, authorities businesses and industrial firms in all sectors. The corporate supplies its purchasers with sustainable, trusted and safe options throughout the cost worth chain, fostering their enterprise development wherever they’re.