Worldline has signed a definitive agreement to sell its Indian business to local digital payments processor BillDesk.

The transaction is expected to close at an estimated equity value of around €60m ($70.85m).

In a statement, Worldline said the divestment marks a “significant milestone”, aligning with the company’s strategy to focus on core payment activities in Europe. The French payments company also seeks to streamline operations and optimise resources allocation.

The French payments company plans to use the cash proceeds from the transaction to strengthen its financial profile, improve strategic flexibility and help redirect capital towards its core activities.

BillDesk also confirmed the agreement in a separate statement.

The company said the deal will combines its online payments footprint with Worldline India’s payment aggregation operations, bank transaction switching capabilities and in-store acceptance network.

The merged set-up is expected to support a “coordinated omnichannel payments experience” covering digital transactions, recurring mandates, cross-border payments, and in-store POS and QR acceptance in both urban and emerging markets.

BillDesk co-founder M N Srinivasu said: “This transaction is a forward-looking investment in India’s payments ecosystem.

“It strengthens our ability to deliver a more connected and scalable payments experience for banks, enterprises and merchants, while supporting digital adoption across markets and segments.”

BillDesk will continue to use Worldline’s payment software, under a long-term arrangement.

Despite selling the payment business, Worldline added that it remains committed to India as a strategic talent and innovation hub.

The closing of the transaction is expected in the second half of this year, subject to customary processes and applicable legal requirements.

In December 2025, Worldline agreed to sell CoreOrchestration, the Swedish company behind the PaymentIQ payment orchestration platform, to Incore Invest.