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Credem and Worldline Finalize Strategic Merchant Acquiring Agreement

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Credem and Worldline Finalize Strategic Merchant Acquiring Agreement

The latest announcement is out from Credito Emiliano SPA Credem ( (IT:CE) ).

Credem and Worldline have finalized a strategic agreement involving the transfer of Credem’s merchant acquiring activities to Worldline Italia for 95 million euros, enhancing Credem’s service offerings. This partnership includes a long-term commercial agreement for distributing Worldline’s products and services, leveraging Worldline’s expertise to benefit Credem’s merchant clients.

More about Credito Emiliano SPA Credem

Credito Emiliano S.p.A. (Credem) is one of the main Italian banking institutions and among the most solid in Europe. It is listed on the Italian Stock Exchange and focuses on providing a wide range of financial services, including transactional and digital services for merchant clients.

YTD Price Performance: 4.41%

Average Trading Volume: 966

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.86B

See more insights into CE stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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