Europe’s Worldline Joins Spreedly’s PSP Partnership Program

Worldline, Spreedly, partner

European payments company Worldline is joining Spreedly’s Payment Service Provider Program, the companies announced Wednesday (Jan. 26).

Spreedly’s Partnership Program was created to help foster a more inclusive payments ecosystem. The program helps to make customer acquisition faster and bolster revenue growth for participants, providing better value for merchants, platforms and others.

The program also has the “Preferred Partner” tier, which Worldline will be a part of.

“Our partner program supports our strategy of building an inclusive payments ecosystem where all participants are welcome,” Rohan Bairat, senior vice president of sales with Spreedly, said in the release. “This partnership provides fast-growing businesses — merchants, platforms, and marketplaces — streamlined access to Worldline’s powerful payment processing solutions through Spreedly’s Payments Orchestration platform.”

Worldline head of indirect sales Nathan Salisbury said the partnership “provides enterprise businesses with unrivalled access to key global eCommerce growth corridors for payments acceptance.”

“Worldline’s position in the payments value chain ensures optimization of payments in both traditional and emerging markets, allowing merchants to increase success rates and fuel revenue growth,” Salisbury continued.

PYMNTS recently reported that Spreedly has seen 100% growth in Latin America.

See also: Spreedly Reports 100% Growth in Latin America

The company has attributed this to a strong demand for ways to more easily scale payments, citing a report that says growth rates in the region are estimated to be between 20% and 40% for the next several years.

Payments orchestration has been a way for companies to more easily enter the markets there. PYMNTS wrote that Spreedly had experience doing so because of its past work helping companies like Rappi, a delivery company, meet its payments goals.

Rappi global head of payments Carlos Ayalde said the different ways regions operate makes it necessary to have some assistance with payments.