PARIS | Worldline announced it has signed two new contracts with major Dutch banks. One new contract is to manage the new eMandate services for SEPA Direct Debit proposed by Betaalvereniging Nederland (BVN) and one is to manage SEPA Credit Transfer proposed by iDEAL, the most popular payment method in the Netherlands.
These two new contracts mean that Worldline is now the leading processor of online, non-card transactions in the Netherlands. Last year, over 180 million iDEAL payments were made, an increase of +26% compared to 2013. Its successful track record of processing iDEAL transactions combined with its new e-mandate service positions Worldline to extend its e-payment services across Europe.
Leading iDEAL processing partner
“Our solutions help to offer merchants and consumers easy and secure ways to pay in this new digital age in compliance with SEPA regulations. We are delighted to have been awarded these two contracts which are testament to the expertise of our teams and the strength and quality of our SEPA solutions", says Wolf Kunisch, Head of the Global Business Line Financial Processing at Worldline.
"These two wins consolidate our position as the European leader in e-payments and are a clear signal from our customers that we are the leading iDEAL processing partner. We are looking forward to further extending our Online Banking ePayment portfolio in the next few years by offering additional services including e-Identity and e-Invoice."
Worldline eMandate solution
The Worldline eMandate solution is based on the European Payment Council (EPC) Rulebooks. Consumers give consent via their bank’s on-line portal, which means they can remain in their safe online banking environment.
Businesses or companies debiting the customer's bank account can be sure that the account is open and that consent has been properly given. The eMandate developed for the Dutch banks as promoted by Betaalvereniging is fully compliant with SEPA Direct Debit regulations and it enables consumers to pay online with PC, tablet or mobile phone.