• Register
Return to: Home > News > Strategy > Santander Consumer Bank, Worldline expand payment services partnership

Santander Consumer Bank, Worldline expand payment services partnership

Worldline, through its equensWorldline subsidiary that specialises in financial processing, and the Santander Consumer Bank in Poland, have expanded their partnership for a new service.

The Santander Consumer Bank in Poland has been a customer of Worldline since 2006. equensWorldline processes the Visa credit cards of the bank.

The expanded agreement covers, amongst others, the co-branding cards of European consumer electronics chains.

Under the agreement, the customers of the bank will directly receive a Visa Instant Card which can be used to pay at the checkout.

Leveraging equensWorldline’s ‘Installment Credit’ solution, customers of the Santander Consumer Bank will be able apply for different variable instalment plans in real time.

equensWorldline chief operations officer Wolf Kunisch said: “The large number of local providers and the price war lead to a high competitive pressure on the Central European market.

“equensWorldline was able to prevail against the competitors because of the high flexibility of our solutions and a short time to market. As a result our contract with Santander Consumer Bank on the Central European market has been extended once again.”

Santander Consumer Bank head of credit card development Joanna Szczegielniak said: “Thanks to real time-connection to the systems of equensWorldline we are able to offer our customers an instalment via the credit card within one visit to the store, immediately after a positive check of their creditworthiness. This is not only an advantage for our customers, but makes our processes significantly more efficient.”

Top Content

  • Nets partners Chainalysis to facilitate validation of virtual currencies

    Danish payments processor Nets has joined forces with distributed ledger technology provider Chainalysis to help banks validate virtual currencies such as bitcoin and comply with anti-money laundering rules.

    read more
  • Hearsay rolls out new enterprise compliance platform

    US-based financial technology provider Hearsay has unveiled the next generation of its enterprise compliance platform to better counter social and digital risk.

    read more
  • UBS deploys electronic signature service

    Swiss banking giant UBS has deployed the Qualified Electronic Signature (QES) service from Cryptomathic and SwissSign to strengthen security and control of its document management.

    read more
  • SIX Payment Services taps IBM technology to boost cyber security

    SIX Payment Services has selected IBM Watson for Cyber Security to develop a next-generation Security Operations Center (SOC) in order to boost cyber defence and provide customers security services for compliance with Swiss privacy and financial market regulations.

    read more
  • Scotiabank, Cardtronics extend ATM deal at 7-Eleven Canada stores

    The Bank of Nova Scotia (Scotiabank) has extended its ATM branding agreement with Cardtronics to give its customers surcharge-free ATM access at over 640 Scotiabank-branded ATMs at 7-Eleven Canada stores across Canada.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.