Worldline Sees 8.2% Rise in Revenues in Q3 2021

Fazzaco learned that global payments company Worldline has released its financial results for the third quarter of 2021, showing a sharp increase in revenues.

In Q3 2021, Worldline's revenue stood at €960 million, which is up by 8.2 percent compared to the same period of 2020. Revenues related to the Group's merchant services rose by more than 9 percent in Q3 2021 while revenues related to financial services jumped by 5 percent during the same period. Moreover, Worldline's mobility and e-transactional services revenue climbed by approximately 11 percent in the latest quarter. 

"Throughout the third quarter, Worldline benefited from steady dynamics in domestic payment transaction volumes, allowing the Group to deliver particularly robust growth well in line with our central scenario for the year. The ongoing trends are expected to continue, paving the way for further acceleration in Q4. As such, we confirm our 2021 objectives, which are now excluding those of the payment terminal business," said Gilles Grapinet, CEO of Worldline.

In late September, Worldline launched its new brand identity. The Group's brands will be operating under one clear banner - Worldline and previous brands will now be known as Worldline. Recently, the company announced that it has completed the acquisition of Handelsbanken's card acquiring activities in the Nordic region​.