Payment services provider Worldline has secured two new licences, linked with the revised Payment Service Directive (PSD2), from the National Bank of Belgium.

The new licences will make the company a payment initiation service provider (PISP), thereby enabling it to initiate payment operations by transfer on behalf of B-to-B and B-to-C customers.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

In addition, it authorises the company as an account information service provider (AISP) in Belgium.

The scope of the licences will also be applicable in other European Economic Area countries.

The move is expected to strengthen Worldline’s payment business in Europe, which processes more than 12 billion SEPA transactions across the continent.

Worldline Belgium CEO and Worldline Merchant Services general manager Vincent Roland said: “The PSD2 paves the way for the development of innovative payment services that have a strong impact on the daily lives of consumers and businesses.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We are delighted to obtain these licences from the Belgian regulator that will enable us to provide new innovative services to our customers in the entire European market.”

Implemented on 13 January 2018, the revised Payment Service Directive (PSD2) aims to modernise payment services in Europe by encouraging competitiveness, efficiency and innovation.

Additionally, PSD2 also aims to reduce costs associated with payment processing.