MILAN (Reuters) -Credem has picked France's Worldline as the preferred bidder to buy its business to handle payment services for shopowners, the Italian bank said on Tuesday, after running a tender that involved the sector's main players. This is the latest sale of a bank's 'merchant book', meaning contracts with retailers to process electronic payments in shops. Like many other such deals in Europe, Credem's tender pitted Paris-based Worldline against Nexi, Italy's market leader and Europe's biggest payments group by transaction volumes.
Combined General Meeting of June 13, 2024Availability of preparatory documents Paris La Défense, May 24, 2024 – The shareholders of Worldline [Euronext: WLN] are convened to a Combined General Meeting (ordinary and extraordinary) on Thursday, June 13, 2024 at 2:30 p.m. (Paris time) at Tour Cœur Défense – 100-110 Esplanade du Général de Gaulle – 92931 La Défense. The meeting notice (avis préalable de réunion) including the agenda, the draft resolutions and the terms and conditions of participatio
Q1 2024 revenueQ1 2024 Group revenue: € 1,097 million +2.5% organically +3.9% in Merchant Services Transformation initiatives on trackRedesign of Merchant Services operating model with two new go-to-market channelsPower24 transformation plan in motion and rolled-out in targeted countries Launch of Crédit Agricole and Worldline joint-venture Unconditional approval received from the European Commission in MarchJV to operate under new brand CAWL, providing innovative payment services to all merchan