Worldline and OPP: Integrated payment solution for platforms and marketplaces
Worldline, a market leader in payment solutions, and OPP (Online Payment Platform), a payment provider for platforms and marketplaces, announce the launch of a joint solution for integrated payments in the European market. The cooperation offers companies various functions that are specifically tailored to the complex requirements of platforms and marketplaces.
The new embedded payments solution combines OPP's payment technology for platforms with Worldline's extensive expertise in acquiring, acceptance and POS. The integrated solution equips platforms and marketplaces with key features such as shared payments, enhanced escrow accounts and unique intermediary processing. This opens up new sales opportunities for companies and promotes greater customer loyalty.
Embedded Payments enables companies to meet the different requirements of platforms. As a comprehensive, turnkey solution, the technology not only helps users to quickly sign up, sell and get paid, but also to manage these processes for multiple currencies. It supports all relevant payment methods and provides the necessary local support to assist users in different markets.
The embedded payments solution offers for platforms and marketplaces:
- a complete turnkey package that streamlines processes through integration support and user-friendly interfaces
- Strong onboarding of companies and consumers, which increases user trust and reduces fraud
- Fully EU and UK compliant solutions to meet regulatory standards
- High support quality through first and second level support, automated mediation tools and much more
- Quick and easy provision of platforms with integrated payment solution
The embedded payments solution is now ready for use in the EU markets. The rollout in Switzerland and the UK will take place at a later date. The integration of Tap on Mobile and Point of Sale is also planned in the long term, which will further improve the payment experience for users.
Marc-Henri Desportes, Chief Executive Officer at Worldline, says: "By combining OPP's robust platform capabilities with our extensive acquiring expertise, we can offer an integrated payment solution that provides a unique way for platforms and marketplaces to integrate and utilize new payment options."
Richard Straver, founder of OPP, adds: "With this joint offering, we are setting new standards in the payment space. The combination of our access capabilities with Worldline's strong presence enables a seamless and efficient experience for platforms and their sub-merchants."
Both companies are delighted to present their innovative solution for integrated payments at the exclusive event "The New Embedded Payments. Designed for Visionaries." hosted at Worldline's Innovation Experience Center at the company's headquarters in Paris-La Défense and broadcast online. This highly anticipated event will take place on the afternoon of October 22, 2024 and will provide a unique opportunity to explore the future of embedded payments for platforms and marketplaces.
Source: www.worldline.com / www.onlinepaymentplatform.com