Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Thursday it has formed a new partnership with Finland-based fintech P3 Financial Group. According to Worldline, the duo will make P3’s Payment System as a Service (PSAAS) operational in a total of 13 European countries, as well as offer real-time commerce and payment services across the market.
“P3 has developed a payments technology which enables payment acceptance, processing, identity and digital commerce effortlessly connecting consumers, merchants and financial institutions. P3’s end-to-end platform features a suite of tools and services that enable customers to quickly set up state-of-the-art payment systems. In combination with Worldline’s comprehensive payment solutions, users of the PSaaS can create digital payment ecosystems for intelligent commerce, digital banking, finance, and insurance serving consumers, merchants, and enterprises.”
Vincent Roland, Head of Global Business Line Merchant Services at Worldline, spoke about the collaboration by stating:
“At Worldline, we believe in giving Fintechs a chance to develop their potential and deliver innovation to the market through creativity, passion and professionalism. We are extremely proud to have signed a partner contract with P3 Financial Group. We are committed to continue supporting organisations that are helping societies go through difficult times with their amazing work.”
Hasan Malik, CEO at P3 Financial Group, concluded:
“This is a very proud moment for P3 Financial Group. The partnership with Worldline gives us immense depth and reach across EU markets and connects the P3 platform services with one of the most advanced and robust financial services and payment processing infrastructure globally. The P3 partnership with Worldline centres on innovation and end user experience, both of which are close to our heart.”