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February 19, 2020updated 25 Feb 2020 12:02pm

Subway chooses Worldline to provide payment solutions across Europe

By Evie Rusman

Subway has chosen payments provider Worldline to roll out payment solutions to its restaurants across Europe.

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Worldline won a three-year contract with the American restaurant franchise including POS and online acceptance. The roll-out is planned across multiple markets starting in 2020.

Justin Goes, Regional Director Europe Subway International, said: “The Subway brand highly relies on all our locations to deliver a smooth customer experience. In order to support our franchise owners to live up to this ambition, we strive for a maximum ease of operations, also and in particular when it comes to payments.

“Working with Worldline as our central payment technology provider ensures a right performance at check-out as well as maximum flexibility now and in the future.”

Worldline’s payment solution 

Worldline’s solution includes POS and e-commerce acceptance as well as payment terminals operating with NEXO retailer protocol. This sets the standards for easy interoperability with all NEXO-compliant cash registers.

Vincent Roland, Managing Director Merchant Services of Worldline, said: “Worldline has a proven track record with large Franchise organisations. We are particularly proud to be able to support Subway with the latest payment technology, our pan-European reach and our comprehensive know-how in deploying our solutions in the complex, multiple-stakeholder environment.”

Through the partnership, Subway hopes to benefit from Worldline’s solutions when it comes to management information. In addition, Worldline’s onboarding portal allows franchise owners to set up the payments functionality quickly.

Worldline and Ingenico

In recent news, Worldline acquired Ingenico, making it the fourth-biggest payments company in the world.

Worldline has agreed to buy its French peer Ingenico for a sum of €7.8bn. This would offer a premium of around 16% to Ingenico’s current market capitalisation of around €6.7bn.

The companies expect to close the transaction by the third quarter of 2020.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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