Major Dutch banks choose Worldline to manage Sepa eMandate services and iDEAL transactions

Source: Worldline

Worldline [Euronext:WLN], European leader in the payments and transactional services industry, today announced that it has signed two 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 means in the Netherlands.

These two new contracts mean that Worldline is now the leading processor of non-card transactions online in the Netherlands. Its successful track record of processing iDEAL transactions combined with its new emandate service positions Worldline perfectly to extend its epayment services across Europe, enabling consumers to easily and securely pay by phone, tablet or PC.

Wolf Kunisch, Head of the Global Business Line Financial Processing & Software Licensing and Managing Director of Germany & CEE at Worldline said: "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. 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 acquiring 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.

The Worldline eMandate solution is based on the EPC Rulebooks. Consumers give consent via their bank's on-line portal, which means they can remain in their safe online banking environment. For the creditor, they 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 BVN is fully compliant with SEPA Direct Debit regulations and it enables consumers to pay online with PC, tablet or mobile phone.

In 2014, Worldline processed all 220 million SEPA Credit Transfers in iDEAL scheme. With the introduction of eMandate in Dutch market, SEPA Direct Debit for online transactions will rapidly grow also. 

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