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=== 1970–2004: beginnings and diversification ===
=== 1970–2004: beginnings and diversification ===

Worldline's first activities in processing payment card transactions date back to the 1970s, first under the name of Sligos - resulting from the merger in 1973 between Sliga, a subsidiary of the [[Crédit Lyonnais]] bank, and Cegos<ref>{{cite web |title=Henri Pascaud PDG de Sligos |url=https://www.lesechos.fr/1994/03/henri-pascaud-pdg-de-sligos-1042340 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref> - then, from the 1980s, with Segin, specializing in particular in transactions on Minitel. From the 1990s, the company diversified into online payments with Axime, which gave birth - after its merger with Sligos<ref>{{cite web |title=Axime prend le contrôle de Sligos et devient le « poids lourd » de l'informatique bancaire |url=https://www.lesechos.fr/1996/10/axime-prend-le-controle-de-sligos-et-devient-le-poids-lourd-de-linformatique-bancaire-843810 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref> - to the Atos Group<ref>{{cite web |title=Atos a enregistré une hausse de 68,7 % de son résultat en 1997-1998 |url=https://www.lesechos.fr/1998/12/atos-a-enregistre-une-hausse-de-687-de-son-resultat-en-1997-1998-804714 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref>.
Worldline's first activities in processing payment card transactions date back to the 1970s, first under the name of Sligos - resulting from the merger in 1973 between Sliga, a subsidiary of the [[Crédit Lyonnais]] bank, and Cegos<ref>{{cite web |title=Henri Pascaud PDG de Sligos |url=https://www.lesechos.fr/1994/03/henri-pascaud-pdg-de-sligos-1042340 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref> - then, from the 1980s, with Segin, specializing in particular in transactions on Minitel. From the 1990s, the company diversified into online payments with Axime, which gave birth - after its merger with Sligos<ref>{{cite web |title=Axime prend le contrôle de Sligos et devient le « poids lourd » de l'informatique bancaire |url=https://www.lesechos.fr/1996/10/axime-prend-le-controle-de-sligos-et-devient-le-poids-lourd-de-linformatique-bancaire-843810 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref> - to the Atos Group<ref>{{cite web |title=Atos a enregistré une hausse de 68,7 % de son résultat en 1997-1998 |url=https://www.lesechos.fr/1998/12/atos-a-enregistre-une-hausse-de-687-de-son-resultat-en-1997-1998-804714 |website=LesEchos |accessdate=3 June 2020 |language=French}}</ref>.


=== 2004–2014: integration into Atos ===
=== 2004–2014: integration into Atos ===

In 2004, [[Atos]] integrated its payment and online services activities into a division then called Atos Worldline.
In 2004, [[Atos]] integrated its payment and online services activities into a division then called Atos Worldline.


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In 2014, Atos partially listed Worldline for 26.59% of its holdings worth 575 million euros, valuing Worldline at a capitalization of 2.1 billion euros.<ref>{{cite web |title=Atos Worldline fera son entrée en Bourse le 27 juin |url=https://bfmbusiness.bfmtv.com/01-business-forum/atos-worldline-fera-son-entree-en-bourse-le-27-juin-621932.html |accessdate=8 June 2020 |archiveurl=https://bfmbusiness.bfmtv.com/01-business-forum/atos-worldline-fera-son-entree-en-bourse-le-27-juin-621932.html |archivedate=June 8, 2020 |language=French}}</ref>
In 2014, Atos partially listed Worldline for 26.59% of its holdings worth 575 million euros, valuing Worldline at a capitalization of 2.1 billion euros.<ref>{{cite web |title=Atos Worldline fera son entrée en Bourse le 27 juin |url=https://bfmbusiness.bfmtv.com/01-business-forum/atos-worldline-fera-son-entree-en-bourse-le-27-juin-621932.html |accessdate=8 June 2020 |archiveurl=https://bfmbusiness.bfmtv.com/01-business-forum/atos-worldline-fera-son-entree-en-bourse-le-27-juin-621932.html |archivedate=June 8, 2020 |language=French}}</ref>

=== Since 2014: consolidator of European payments ===

In November 2015, Worldline merged its electronic financial transaction processing activities with Equens, a Dutch company. As part of this merger, Worldline paid out 72 million euros and owned 63.6% of the created equensWorldline Company, the rest being held by the shareholders of Equens, Dutch, German and Italian banks. In the context of this merger, Worldline acquired the possibility in the long term to acquire the remaining shares of these banks.<ref>{{cite web |title=Worldline s'allie avec Equens pour se renforcer dans le paiement |url=https://www.usinenouvelle.com/article/worldline-s-039-allie-avec-equens-pour-se-renforcer-dans-le-paiement.N360968 |accessdate=8 June 2020 |language=French}}</ref>

In July 2017, Worldline announced the acquisition of the Swedish company Digital River World Payments (DRWP) for an undisclosed amount.<ref>{{cite web |title=e-Paiements : Worldline absorbe son concurrent Digital River World Payments |url=https://www.itespresso.fr/worldline-digital-river-world-payments-165702.html |accessdate=8 June 2020 |archiveurl=https://www.itespresso.fr/worldline-digital-river-world-payments-165702.html |archivedate=June 8, 2020 |language=French}}</ref> The company, founded in 1997 and based in Stockholm, generated annual sales of 37 million dollars.<ref>{{cite web |title=Paiement : Worldline promet de multiplier les acquisitions |url=https://www.lesechos.fr/2017/07/paiement-worldline-promet-de-multiplier-les-acquisitions-176250 |accessdate=8 June 2020 |archiveurl=https://www.lesechos.fr/2017/07/paiement-worldline-promet-de-multiplier-les-acquisitions-176250 |archivedate=June 8, 2020 |language=French}}</ref>

Next, Worldline acquired First Data Baltics, a subsidiary of First Data Corp in Lithuania, Latvia, and Estonia for approximately 73 million euros.<ref>{{cite web |title=WORLDLINE : acquisition de First Data Baltics |url=https://bourse.lefigaro.fr/indices-actions/actu-conseils/worldline-acquisition-de-first-data-baltics-6155943 |accessdate=8 June 2020 |archiveurl=https://bourse.lefigaro.fr/indices-actions/actu-conseils/worldline-acquisition-de-first-data-baltics-6155943 |archivedate=June 8, 2020 |language=French}}</ref> These three subsidiaries generated a turnover of 23 million euros in 2016,<ref>{{cite web |title=BREF - Worldline rachète des filiales de First Data dans les pays baltes |url=https://investir.lesechos.fr/actions/actualites/bref-worldline-rachete-des-filiales-de-first-data-dans-les-pays-baltes-1694711.php |accessdate=8 June 2020 |archiveurl=https://investir.lesechos.fr/actions/actualites/bref-worldline-rachete-des-filiales-de-first-data-dans-les-pays-baltes-1694711.php |archivedate=June 8, 2020 |language=French}}</ref> employing around 200 people.

In May 2018, Worldline acquired SIX Payment Services (Europe) SA, the payment services division of the Swiss group SIX, for € 2.3 billion,<ref>{{cite web |title=Worldline (Atos) va acquérir le suisse Six Payment pour €2,3 mds |url=https://investir.lesechos.fr/actions/actualites/worldline-atos-va-acquerir-le-suisse-six-payment-services-1764646.php |accessdate=8 June 2020 |archiveurl=https://investir.lesechos.fr/actions/actualites/worldline-atos-va-acquerir-le-suisse-six-payment-services-1764646.php |archivedate=June 8, 2020 |language=French}}</ref> mainly financed by the issue of new actions. With the integration of SIX Payment Services’ 1,600 employees<ref>{{cite web |title=Le français Worldline acquiert le suisse Six Payment pour 2,3 milliards d'euros |url=https://www.latribune.fr/entreprises-finance/banques-finance/le-francais-worldline-acquiert-le-suisse-six-payment-pour-2-3-milliards-d-euros-778451.html |accessdate=8 June 2020 |archiveurl=https://www.latribune.fr/entreprises-finance/banques-finance/le-francais-worldline-acquiert-le-suisse-six-payment-pour-2-3-milliards-d-euros-778451.html |archivedate=June 8, 2020 |language=French}}</ref> and merchant acquisition activities and services serving more than 200,000 merchants for an income of around 530 million euros,<ref>{{cite web |title=E-paiement : Worldline va s'offrir le suisse Six Payment Services pour 2,3 milliards d'euros |url=https://www.usine-digitale.fr/article/paiement-worldline-va-s-offrir-le-suisse-six-payment-services-pour-2-3-milliards-d-euros.N693604 |accessdate=8 June 2020 |archiveurl=https://www.usine-digitale.fr/article/paiement-worldline-va-s-offrir-le-suisse-six-payment-services-pour-2-3-milliards-d-euros.N693604 |archivedate=June 8, 2020 |language=French}}</ref> Worldline gained a 30% increase in turnover as well as a number one place in Switzerland, Austria, and Luxembourg. Worldline's ambition through this operation was to create a European payment champion.<ref>{{cite web |title=Worldline crée avec Six un champion des paiements |url=http://www.lessentiel.lu/fr/economie/story/Worldline-cree-avec-Six-un-champion-des-paiements-30294113 |accessdate=8 June 2020 |archiveurl=http://www.lessentiel.lu/fr/economie/story/Worldline-cree-avec-Six-un-champion-des-paiements-30294113 |archivedate=June 8, 2020 |language=French}}</ref>

In January 2019, Atos, which then had a 50.8% stake, announced the sale by an exchange of shares of a 23.4% stake in Worldline to its shareholders.<ref>{{cite web |title=Atos to pay investors with 23.4 percent stake in subsidiary Worldline |url=https://www.reuters.com/article/us-atos-shareholders/atos-to-pay-investors-with-234-percent-stake-in-subsidiary-worldline-idUSKCN1PO0N7 |accessdate=8 June 2020 |archiveurl=https://www.reuters.com/article/us-atos-shareholders/atos-to-pay-investors-with-234-percent-stake-in-subsidiary-worldline-idUSKCN1PO0N7 |archivedate=June 8, 2020}}</ref>


== References==
== References==

Revision as of 10:12, 8 June 2020

For the concept in relativity theory, see world line.
Worldline
Euronext: WLN CAC 40 Component
ISINFR0011981968 Edit this on Wikidata
Industrydata processing, hosting and related activities Edit this on Wikidata
Founded1974
HeadquartersBezons, France
Key people
Gilles Grapinet
ProductsPayment Terminals & Merchant Services, Transaction Processing, Mobility & Transactional Web Services
Revenue€2.3 billion (2019)
€311 million (2019)
Number of employees
11,000+ in 2018
Websiteworldline.com

Worldline is a French payment and transactional services company founded in 1970.

History

1970–2004: beginnings and diversification

Worldline's first activities in processing payment card transactions date back to the 1970s, first under the name of Sligos - resulting from the merger in 1973 between Sliga, a subsidiary of the Crédit Lyonnais bank, and Cegos[1] - then, from the 1980s, with Segin, specializing in particular in transactions on Minitel. From the 1990s, the company diversified into online payments with Axime, which gave birth - after its merger with Sligos[2] - to the Atos Group[3].

2004–2014: integration into Atos

In 2004, Atos integrated its payment and online services activities into a division then called Atos Worldline.

In 2006, Atos Worldline included in its scope the Belgian companies Banksys, responsible for securing and guaranteeing electronic payments in Belgium, and Bank Card Company (BCC)[4], specializing in the management of payment systems linked to the country's two largest credit card networks, Visa and MasterCard. The two companies, employing around 1,100 people with a turnover of 309 million euros, were bought out from their four shareholders: Dexia, Fortis, ING, and KBC[5].

In 2010, Atos Worldline acquired and integrated the Indian company Venture Infotek for around 100 million dollars[6]. The company, specializing in payment and transaction processing, had merchants, as well as banks and government programs, as clients locally[7].

In 2011, Atos acquired the IT services activities of Siemens, which also included electronic transaction activities, which were integrated into its Worldline division. In 2012, Atos Worldline acquired and integrated Quality Equipment, a Dutch electronic payment company, for an unknown amount[8].

In 2013, Atos branched out its Atos Worldline division, giving it more autonomy.[9][10]

In 2014, Atos partially listed Worldline for 26.59% of its holdings worth 575 million euros, valuing Worldline at a capitalization of 2.1 billion euros.[11]

Since 2014: consolidator of European payments

In November 2015, Worldline merged its electronic financial transaction processing activities with Equens, a Dutch company. As part of this merger, Worldline paid out 72 million euros and owned 63.6% of the created equensWorldline Company, the rest being held by the shareholders of Equens, Dutch, German and Italian banks. In the context of this merger, Worldline acquired the possibility in the long term to acquire the remaining shares of these banks.[12]

In July 2017, Worldline announced the acquisition of the Swedish company Digital River World Payments (DRWP) for an undisclosed amount.[13] The company, founded in 1997 and based in Stockholm, generated annual sales of 37 million dollars.[14]

Next, Worldline acquired First Data Baltics, a subsidiary of First Data Corp in Lithuania, Latvia, and Estonia for approximately 73 million euros.[15] These three subsidiaries generated a turnover of 23 million euros in 2016,[16] employing around 200 people.

In May 2018, Worldline acquired SIX Payment Services (Europe) SA, the payment services division of the Swiss group SIX, for € 2.3 billion,[17] mainly financed by the issue of new actions. With the integration of SIX Payment Services’ 1,600 employees[18] and merchant acquisition activities and services serving more than 200,000 merchants for an income of around 530 million euros,[19] Worldline gained a 30% increase in turnover as well as a number one place in Switzerland, Austria, and Luxembourg. Worldline's ambition through this operation was to create a European payment champion.[20]

In January 2019, Atos, which then had a 50.8% stake, announced the sale by an exchange of shares of a 23.4% stake in Worldline to its shareholders.[21]

References

  1. ^ "Henri Pascaud PDG de Sligos". LesEchos (in French). Retrieved 3 June 2020.
  2. ^ "Axime prend le contrôle de Sligos et devient le « poids lourd » de l'informatique bancaire". LesEchos (in French). Retrieved 3 June 2020.
  3. ^ "Atos a enregistré une hausse de 68,7 % de son résultat en 1997-1998". LesEchos (in French). Retrieved 3 June 2020.
  4. ^ "Ce qu'il faut savoir pour réussir à absorber ses concurrents". DynamiqueMag (in French). Retrieved 3 June 2020.
  5. ^ "Atos Origin : rachète BCC et Banksys, pour devenir un leader européen des services de paiement". Boursier.com (in French). Retrieved 3 June 2020.
  6. ^ "Paris-based Atos buys Venture Infotek". BusinessStandard. Retrieved 3 June 2020.
  7. ^ "Atos rachète un spécialiste des moyens de paiements en Inde". Reuters (in French). Retrieved 3 June 2020.
  8. ^ "Paiement électronique : Atos rachète Quality Equipment". LesEchos (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  9. ^ "Atos va filialiser son activité de paiement à la mi-2013". LesEchos (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  10. ^ "Atos va filialiser ses activités de paiement et de transactions". L'Express (in French). Retrieved 3 June 2020. {{cite web}}: Check |archiveurl= value (help)
  11. ^ "Atos Worldline fera son entrée en Bourse le 27 juin" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  12. ^ "Worldline s'allie avec Equens pour se renforcer dans le paiement" (in French). Retrieved 8 June 2020.
  13. ^ "e-Paiements : Worldline absorbe son concurrent Digital River World Payments" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  14. ^ "Paiement : Worldline promet de multiplier les acquisitions" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  15. ^ "WORLDLINE : acquisition de First Data Baltics" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  16. ^ "BREF - Worldline rachète des filiales de First Data dans les pays baltes" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  17. ^ "Worldline (Atos) va acquérir le suisse Six Payment pour €2,3 mds" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  18. ^ "Le français Worldline acquiert le suisse Six Payment pour 2,3 milliards d'euros" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  19. ^ "E-paiement : Worldline va s'offrir le suisse Six Payment Services pour 2,3 milliards d'euros" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  20. ^ "Worldline crée avec Six un champion des paiements" (in French). Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
  21. ^ "Atos to pay investors with 23.4 percent stake in subsidiary Worldline". Retrieved 8 June 2020. {{cite web}}: Check |archiveurl= value (help)
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