Worldline Acquires Handelsbanken’s Card-Acquiring Activities in the Nordics

Worldline, a global leader in the payments industry, announced that it has completed the acquisition of Handelsbanken's card acquiring activities in the Nordic region.

Handelsbanken is a meaningful card acquirer in the Nordic region with above 550 million transactions acquired per year, representing a payment volume of EUR 20 million, and serves over 20,000 merchants across the region.

The acquisition of Handelsbanken’s card-acquiring activities and the set-up of a joint long-term commercial alliance for merchant services are part of Worldline’s wider European consolidation strategy.

“The Nordic region represents a highly attractive market driven by digital and eCommerce payments expansion and backed by a robust macroeconomic environment as well as strong long-term growth potential,”the company stated.

“With a pan-Nordic addressable market presence, a high-quality diversified merchant portfolio and a long-term merchant relationship with Handelsbanken – a leading bank in the region – Worldline will have the opportunity to leverage the existing offering and accelerate its growth profile in the region,”Wordline added.

Early this month, Wordline also completed the acquisition of Cardlink SA, a Greek network service provider.