Bezons, March 9, 2021 – Worldline [Euronext: WLN], the European market leader in payment and transactional services, is proud to announce that the company is the world’s first payments player to achieve Mastercard Enhanced Contactless (Ecos) certification released in the end of January, on its new contactless standard for POS device through Ingenico, a Worldline brand since October 2020.
Worldline is proud to announce that the first terminal series supporting the new Ecos kernel have obtained certification from Mastercard. This includes the entire Telium Tetra platform.
In the third quarter of 2020, contactless penetration represented 41% of in-person purchase transactions globally, up 30% from a year ago .
Implementing and deploying such solution will be key to maintain the necessary level of trust for proximity payments going contactless centric, while also providing customers with a payment solution that respects the health constraints in the era of the current pandemic.
Bob Reany, Head of Nudata and executive Vice President, Digital Devices & IoT at Mastercard: “Industry collaboration is integral in order to advance and secure payments across the ecosystem. We believe that contactless is the present and future of payments. Our work with Worldline is groundbreaking in that they are the first global partner to achieve Ecos certification – bringing enhanced contactless capabilities one step closer to the consumer.”
Michel Léger, EVP Global Solutions Development, TSS, Worldline: “We are proud to support Mastercard in this major initiative. Ingenico, a Worldline brand, has always been at the forefront of payments security. This is part of our DNA. I am very pleased of the achievement we announce today, being the first to support Mastercard latest payments specifications. Worldline is committed to deliver best in class payment acceptance solutions. Mastercard Ecos technology enhances the protection of sensitive cardholder data and secures our ecosystem for the future with quantum-resistant technology. This certification also demonstrates our readiness to support our partners and customers as they upgrade to latest security and privacy requirements and it proves our company’s platforms to be futureproof to support these requirements.”
Worldline is now ready to support Mastercard customers and payment stakeholders in the evolution of their acceptance infrastructure for the benefit of consumers and merchants.
[1] Source: Mastercard
ABOUT WORLDLINE
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros. worldline.com
PRESS CONTACT
Hélène Carlander
T +33 (0)7 72 25 96 04
E helene.carlander@worldline.com
Submitted by Ingenico
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