Worldline - 2019 Universal Registration Document

C

WORLDLINE Description of the Group’s three Business Lines services

Offering acceptance of alternative payment methods to ● its merchants, like WeChatPay, Alipay and Bitcoin, Developing new terminal solutions, like soft-POS and ● Pin-on-Glass which will open up new market segments for card acceptance enabled via smart phone; Bringing its solutions to (new) markets. Worldline especially ● focuses on the enhanced (beyond payment terminal) opportunities enabled by Yumi as well as the unattended segments opportunities brought by Valina; Simplifying and accelerating on-boarding processes for ● new clients and automating the client journey. Worldline and SIX In 2018 Worldline acquired SIX Payment Services (SPS), the payment services division of SIX Group AG. SPS is one of the most successful non-bank acquirers in continental Europe, servicing approximately 210.000 local and global merchants for both off-line and on-line payment transactions with a staff of 1.600 colleagues. Thanks to this large acquisition Merchant Services has improved its ability significantly to offer benefits to merchants. Organization In 2019 Worldline streamlined its organization model in order to guarantee that the client base can optimally benefit from the strengthened offer Merchant Services offers to the markets. Activities of Merchant Services are organized into four ●

Building on its strong historical positions in Benelux- and DACH-areas as well as being one of the most recognized cross border acquirer within Europe, Worldline is continuously and successfully expanding its commercial activities, both organically, via bank alliances & partnerships and acquisitions. In order to accept payment cards through international card schemes such as Visa, MasterCard and local debit card schemes such as Bancontact (Belgium) and Twint (Switzerland), a merchant must contract a payment institution (or a bank) which holds a license of the respective card scheme network. One stop shop Through its ability to offer end-to-end solutions, Worldline provides merchants with a one-stop-shop for Commercial Acquiring services. Worldline manages and ensures the quality, reliability and availability of payment services, allowing merchants to focus on and grow their business. In all mentioned countries, Worldline provides its merchants with a contractual relationship covering all major international payment schemes (Visa, MasterCard, Diners, UnionPay, JCB), national scheme like Bancontact, Twint as well as alternative payment means like Alipay, WeChatPay and account based payments. In addition, Worldline is a Network Service Provider (NSP) in Germany, offering Girocard to its clients. Worldline offers the attractive combination of solutions and capabilities, both in client facing and back office environments, to deliver cutting edge, seamless multi-device payment related services. Worldline’s integrated acquiring back office platform is built around several modules managing: All types of payments (EMV, contactless, telephone order, ● 3-D secure, recurring payments, unattended, etc.); Across multiple channels (point of sale, e-Commerce, ● mobile commerce); Multiple acceptance solutions; as well as ● Across all geographical regions. ● Worldline’s solution includes the delivery of consolidated enhanced reporting to merchants and supports a wide range of currencies for card transactions. Worldline’s solutions also incorporate robust fraud prevention services to help merchants and cardholders reduce fraudulent transactions. Beyond connecting merchants to the payment scheme network, Worldline supports merchants in every step of their relationship with their clients, allowing them to significantly increase their business. The end-to-end solutions Worldline offers to its clients cover all aspects of the electronic payment spectrum (commercial acquiring, payment terminals, payment processing, point-of-sale marketing campaigns, etc.). Value added services Worldline offers a number of payment-related value-added services, like the in-house Dynamic Currency Conversion, fraud detection, customer feedback surveys, loyalty services as well as end-to-end solutions for implementing company-specific gift and loyalty card programs. The clients benefit from solutions that help grow their business and/or control risks.

global product divisions; Commercial acquiring;

Terminal solutions;

Omni-channel payment acceptance;

Digital retail.

Commercial acquiring C.1.1.1 Acquiring is the business of contracting merchants for payment card acceptance. The key role of the acquirer is to transfer the funds received during a card transaction from the cardholder’s issuing bank to the merchant’s bank account. A commercial acquirer also underwrites the credit quality and integrity of the merchant, because the acquirer is required to refund the amounts paid to the issuing bank, if a merchant does not deliver the goods to the end-customer. To be an acquirer, a company must hold the license of “payment institution”. Worldline is a licensed payment institution in the European Union, the European Economic Area and Switzerland.

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Universal Registration Document 2019

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