Worldline [Euronext: WLN], a global leader in payment services, and Google have announced a strategic partnership to utilize Google Cloud’s cutting-edge cloud-based technologies in order to continue developing Worldline’s digital transformation.
As part of this partnership, Google will also work with Worldline to efficiently facilitate online payments for their clients in Europe. In addition, both partners will jointly address marketing opportunities and provide new and improved digital experiences to merchants and financial institutions.
Accelerating digital transformation sustainably with the cloud
Since 2022, Worldline has initiated a “Move to Cloud” program that includes the use of cloud to accelerate its digital transformation into a premium global payment technology company. With this, Worldline now plans to utilize Google Cloud’s secure, high-performance, and low-latency infrastructure, improving its operational efficiency, optimizing costs, and enhancing its strategic positioning.
Worldline will also leverage data analytics and artificial intelligence capabilities to derive benefits from its own data and, consequently, develop new payment products and services. The choice of Google Cloud also stems from Worldline’s long-standing focus on Corporate Social Responsibility (CSR) and the low-carbon emission options offered by this leading sustainability-focused cloud.
Google strengthens its partnership with Worldline to facilitate efficient payments for its clients in Europe
As part of this expanded partnership, Worldline will also be one of the main payment providers for Google in Europe and in multiple geographies. The goal is to offer Google’s customers more advanced payment options, compatibility with more payment networks, better cross-border conversion, and a more seamless experience for customers.
Combining expertise to benefit merchants and financial institutions worldwide
The strategic partnership will ultimately create a powerful ecosystem of enhanced product offerings that will add value to merchants and banks, setting a faster pace for continuous innovation. By combining their expertise, knowledge, and specialized resources, both companies will be able to deliver optimized payment experiences to their respective clients and accelerate commercialization.
“Our partnership with Worldline highlights the wide range of opportunities that secure and reliable cloud technology, data analytics, and AI can bring to merchants and financial institutions. By leveraging the strengths of our two companies, we can accelerate innovation in the payments sector,” states Thomas Kurian, CEO of Google Cloud.
“Innovation and advanced technology are part of Worldline’s DNA. To pioneer in the ever-evolving payment ecosystems and not only meet customer expectations, but anticipate them, it is crucial to combine our original payment technology with the technological capabilities of a true market leader. We are proud to expand and strengthen our partnership as a payment service provider for Google in Europe. Our deep understanding of the market infrastructure, combined with the expertise and technological scale of Google Cloud, will accelerate our commercialization and drive tangible success for our customers and markets,” affirms Gilles Grapinet, CEO of Worldline.