French payment firm Worldline and technology integrator Printec Group have partnered to expand the range of payment services for financial institutions and merchants across Central and Eastern Europe.
In a statement, the companies said the partnership covers key areas such as Acquiring and Issuing Processing, Account Payments and Digital Services.
Through Printec Group’s payment platform, merchants can access commercial acquiring services on all acceptance channels. The platform also aims to simplify overall interaction between banks, merchants and consumers.
According to the statement, the partnership will allow Printec Group offer business models to financial institutions that enables them to put a greater focus on developing customer relationships.
Harris Konstantinou, Chairman of Printec Group, said: “This partnership is aligned with Printec’s strategy of creating an independent payment infrastructure by providing outsourcing services to all customers. The value of this shared vision with Worldline is that it fulfils the market needs by delivering innovative and operationally efficient end-to-end payment infrastructure which enables business growth and provides unparalleled value to all parties involved.”
The deal follows Worldline’s partnership with Splitit, which was signed late last year. As part of the agreement, Worldline is integrating Splitit’s card-based instalment payments solution to its network of merchants and marketplaces, starting with its North American processing platform.
