Worldline has partnered with merchant payment provider Online Payment Platform (OPP) to launch a new embedded payments solution designed to address complex merchant needs.
Combining OPP’s specialised payment technology and Wordline’s expertise in the acquiring and point-of-sale sectors, the embedded payment solution intends to empower merchants and online marketplaces with payment capabilities such as split payments, advanced escrow and mediation handling.
Marc-Henri Desportes, CEO at Worldline, stated: “Our partnership with OPP reflects our commitment to innovation in payments. By combining OPP’s robust platform capabilities with our extensive acquiring expertise, we are delivering an Embedded Payments solution that provides platforms and marketplaces a unique pathway to integrate and leverage new payment opportunities.”
With the goal of ultimately unlocking new revenue opportunities and user engagement, embedded payments provides a turnkey solution to aid user sign-up, payment processing and handle multiple currencies. It supports all relevant payment methods and offers local support capabilities, helping businesses navigate the complexities of serving their users across markets.
As the market continues to evolve, Worldline and OPP stated they are committed to “driving the sector forward through a comprehensive payments offer, underpinned by exceptional local support”.
The Embedded Payments solution is ready for rollout, with a focus on EU markets and plans for expansion into the UK and Switzerland, bolstered by the recent acquisition of an EMI licence for the UK.
Richard Straver, Founder of OPP, added: “With this joint offering, we are setting a new benchmark in the payments landscape. Our approachability, combined with Worldline’s unrivalled footprint, allows us to provide a seamless and efficient experience for platforms and their sub-merchants.
“This solution not only facilitates transactions but also supports our clients with features like escrow and mediation, enhancing trust and security in every transaction.”