TrueLayer has announced a new partnership with Worldline, offering its full suite of products through Worldline Payment Orchestration.
Through the partnership, Worldline Payment Orchestration – a software-as-a-service payment orchestration platform that allows merchants to centrally manage and optimise payment flows – merchants can use TrueLayer’s payment products
These services include payments, payouts and signup+, which are available in the UK and across Europe, in markets such as Germany, France, Finland and the Netherlands, with transactions via TrueLayer’s instant bank payments only available in pound sterling and euros.
Mariko Beising, TrueLayer VP Financial Services and Partnerships, said: “Today we are rolling out the full suite of TrueLayer’s products through Worldline Payment Orchestration. This means that thousands of merchants and their customers will be able to benefit from faster, more secure experiences across from making deposits, to receiving payouts and onboarding new users.”
The partnership aims to improve the speed of transactions while also making them more secure, which is two of the biggest demands of igaming players.
According to TrueLayer’s recent report, the Payment Experience Playbook, 27% of igaming players expect a payout to settle in an hour, and 55% of igaming players said they would be likely to switch to a provider that offers instant withdrawals.
Beising added: “We know that clunky, slow sign up processes are among the biggest factors which put off potential players and which lead to lost revenues in igaming. By combining sign up and payment into a single, smooth process, Signup+ transforms the onboarding process.
“This partnership builds on TrueLayer’s recent successes as our products are rolled out across igaming and continue to set the standard for the industry.”
This news comes after TrueLayer announced a partnership with challenger bank Lunar to expand coverage of the company’s innovative payments solutions across the Nordics.
Nathan Salisbury, Worldline Payment Orchestration Managing Director, said: “We are happy to extend our integration with TrueLayer and welcome them to the premium provider programme of Worldline Payment Orchestration.
“As the market leader in payment orchestration for igaming and digital services, we continue to ensure our customers have access to the latest product enhancements from premium providers. TrueLayer has introduced innovative solutions to improve customer experience and their solutions for regulated markets are gaining traction.”
