Paris La Défense, 06 December 2022 – Worldline [Euronext: WLN], a global leader in payments services, has been selected as partner and payments provider to Wizz Air, Europe’s fastest growing airline. Building on its strong heritage in the Airlines & Travel industry, Worldline will deploy its comprehensive payment services solution to meet Wizz Air’s unique requirements, as it has for many of the largest and most multi-faceted airlines in the sector.
Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally1, will take advantage of Worldline’s unique TravelHub solution, a single scalable connection providing access to over 150 payment methods and currencies, multi-acquiring, tokenisation, and a range of fraud prevention services, all through a single reporting and settlement channel.
Worldline’s TravelHub will support Wizz Air’s growth and expansion and provide Wizz Air access to a wide range of acquirers and other payment services, including local payment methods. Worldline is planning to help Wizz Air to offset and mitigate the risks and challenges that have emerged in recent years across the sector. Worldline’s multi-acquiring services will help build the foundations to manage and mitigate risk in the future.
The deal will see Worldline processing across Europe for Wizz Air, ensuring the airline can take advantage of Worldline’s continued investment in innovation and geo-expansions across various new markets.
Damien Cramer, Global Head of Travel & Airlines, Digital Commerce at Worldline, commented: “We are proud that an organisation as ambitious as Wizz Air has selected Worldline to be their partner of choice in meeting their payment requirements. Our secure and cutting-edge TravelHub payment solution, in conjunction with our highly experienced team of payment experts, will help them achieve the success to which they aspire.” Tamas Szegedi, Senior Treasury Back Office Manager, Wizz Air, added: “We are looking forward to our future cooperation with Worldline, to continue building our robust and flexible payment infrastructure, ultimately supporting a seamless payment processing and customer experience for our customers, and supporting payment and finance processes. Our goal is to enable the best possible payment infrastructure and options with the most resilient and effective features and providers, which fits well with our strategy to improve efficiency in all possible areas, including payment processing.”
Worldline [Euronext: WLN] is a global leader in the payments industry and the technology partner of choice for merchants, banks and acquirers. Powered by 18,000 employees in more than 40 countries, Worldline provides its clients with sustainable, trusted and innovative solutions fostering their growth. Services offered by Worldline include instore and online commercial acquiring, highly secure payment transaction processing and numerous digital services. In 2021 Worldline generated a proforma revenue close to 4 billion euros. worldline.com
ABOUT WIZZ AIR
Wizz Air, the fastest growing European ultra-low-cost airline, operates a fleet of 173 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 27.1 million passengers in the Financial Year F22 ending 31 March 2022. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world’s top ten safest airlines by airlineratings.com, the world’s only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognising individuals and organisations that have
distinguished themselves through outstanding performance, innovation, and superior service. Wizz Air has also been recognised as the „Most Sustainable Low-Cost Airline” within the World Finance Sustainability Awards 2022 and the „Global Environmental Sustainability Airline Group of the Year” by the CAPA-Centre for Aviation Awards for Excellence 2022.