Payment services provider Worldline and Online Payment Platform (OPP) today announced the launch of their innovative Embedded Payments solution in Europe.
This collaboration provides businesses with a suite of payment capabilities that are uniquely designed to address the complex needs of platforms and marketplaces.
The new Embedded Payments solution combines OPP’s specialized payment technology, built for platforms since its inception, with Worldline’s extensive acquiring, acceptance expertise and POS capabilities. This integrated solution empowers platforms and marketplaces with essential features such as split payments, advanced escrow, and unique mediation handling, unlocking new revenue opportunities and user engagement.
Embedded Payments is designed to meet the diverse needs of these platforms, providing a complete, turnkey solution that not only helps their users sign-up, sell, and get paid fast, but also manage this across multiple currencies. It supports all relevant payment methods and offers unparalleled local support capabilities, helping businesses navigate the complexities of serving their users across markets.
The Embedded Payments solution is now ready for rollout, with a focus on EU markets and ambitious plans for expansion into the UK and Switzerland, bolstered by the recent acquisition of the EMI license for the UK. Future developments on the roadmap include advancements such as Tap on Mobile and Point of Sale integrations, further enhancing the payment experience for users.
Marc-Henri Desportes, Chief Executive Officer 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.”
Richard Straver, Founder of OPP, remarked:
“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.”
