Worldline has expanded its account-to-account payments and data aggregation coverage to the Nordics, including Norway, Sweden, Denmark and Finland through Neonomics. Both parties recognize that high-quality connectivity is important to realize the full potential of open banking for businesses and users. Neonomics unified open banking API provides Worldline a robust and stable service that is 100% PSD2-compliant with the highest level of bank connectivity in the Nordics.
Worldline’s open banking portfolio enables many use cases, such as credit insight, account-based payments and green banking, allowing third-party providers to quickly and effectively create a value proposition for their customers. Through partnership with Neonomics, Worldline has been able to shorten the time to market to bring aggregated financial data and account-to-account payments to their network of merchants, banks, and acquirers across the entire Nordic region.
Approximately 20% of e-commerce transactions in the Nordics are now powered by open banking. Worldline's strong position as a payments technology provider to many industry-leading companies will further spur adoption and innovation of open banking products and solutions throughout the Nordics.