Provider of payment services Worldline SA (EPA:WLN) today announced the closing of the acquisition of a 55% stake in SoftPos.eu, a Warsaw-based fintech that converts Android devices into secure payment terminals.

This acquisition fully embeds Worldline’s objective to provide payment solutions that are adapted to all forms of commerce and serve the business ambitions of its clients. Based on SoftPos.eu, Worldline is launching a new product internationally: Worldline Tap on Mobile.

SoftPos.eu was created in 2019 by two payment entrepreneurs in Poland. The fintech converts regular Android devices into secure payment terminals, enabling merchants to accept card payments without the need for additional hardware.

As part of its strategy, Worldline is exploring new adjacencies in its value creation journey through technologies and products acquisitions. Together with SoftPos.eu, several partnerships with substantial value creation have been launched. Worldline is truly convinced by the fintech go-to-market and product development added-value, as a pivotal addition to the Group’s existing suite for merchants.

Supported by SoftPos.eu technology, Worldline will leverage its vast portfolio, from onboarding to acquiring, and enhance customer value across all verticals.