Previous close | 5.80 |
Open | 5.84 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 5.79 - 5.90 |
52-week range | 4.93 - 22.21 |
Volume | |
Avg. volume | 34,546 |
Market cap | 3.307B |
Beta (5Y monthly) | 1.34 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Worldline ePayments India said on Tuesday that it has received the Reserve Bank of India's (RBI) approval to operate as a payment aggregator. The RBI recently took steps to tighten scrutiny of the payments sector, asking online payment firms to monitor transactions-related activities of merchants on their platforms and ensure they meet fresh guidelines. "The authorisation from RBI is a testimony of our commitment to the Indian market and affirming our focus on compliance and highlighting the significance of a well-regulated payments landscape," Ramesh Narasimhan, chief executive officer – India, Worldline, said in a statement.
(Reuters) -French payments company Worldline plunged to a full-year net loss after it took a 1.15 billion euros ($1.25 billion) impairment in its merchant services division and signalled a weak outlook, sending its shares down 15% on Wednesday. Paris-based Worldline, which processes digital payments for clients ranging from merchants to government agencies, boomed during the pandemic when investors piled into European payments companies, attracted by their rapid growth as customers ditched cash and by consolidation in the industry. But Worldline shares lost more than half their value in October, sending shockwaves across the sector, after it cut its full-year financial targets, citing an economic slowdown and heightened scrutiny over money-laundering risks in Germany.
"Worldline confirms that it has initiated social processes with the relevant employee representative bodies within the Worldline group," it said in a statement. The fintech company's shares sank in October after it shocked investors by cutting full-year targets and announcing that it was cutting ties with some merchants to reduce crime risks. Worldline received a boost last month after French bank Credit Agricole bought a 7% stake in the payments group.