back Back

Worldline and Scheidt & Bachmann launch a new fuel solution for Europe

By Joy Dumasia

January 25, 2022

  • Card Payments
  • Europe
  • FinTech

Worldline,Worldline, the European leader in the payments and transactional services industry, and Scheidt & Bachmann (S&B), a global mobility solution provider, have strengthened their partnership by deploying a new payment solution for fuel stations across Europe.

The solution combines Worldline’s Petrol & Energy Suite and S&B’s SIQMA Connect solution, is specifically tailored towards fuel retailers and will be implemented across Europe in 2022. This launch is one more step in the successful partnership between the two companies that started almost a decade ago. Responding to an increasingly digitalised payments market, the new product will provide drivers with a more seamless payment experience, allowing them to pay at the pump, carwash, instore etc. 

The benefits of the solution deployed by Worldline and S&B will enable the top energy providers to enlarge; for instance, their payment means accepted and allow them to access new customers and sales channels easily. It covers the whole payment value chain, from payment acceptance to acquiring and value-added services, such as Worldline DCC (Dynamic Currency Conversion) and Worldline’s Pay & Drive wallet. 

Worldline’s Petrol & Energy Suite is the first global one-stop shop dedicated to the petrol & mobility chain sector and has a dedicated team of experts available to answer fuel retailers’ needs. Easy combination of various payment methods & loyalty relevant features and established co-operations with car manufacturers, oil companies, energy providers, public transport companies and car park operators lift the payment process to the next level and paves the way for the transition of today’s petrol stations to mobility hubs in the near future.

Michel Rudolf von Rohr, Global Head of Petrol & Energy at Worldline, said“The motor industry is moving incredibly fast, particularly with the big push towards a more electric market taking place every day, and so we feel it’s the right moment to help fuel companies accelerate their digitalisation journey. Despite the challenges, it’s an exciting time for the motor and fuel industries, and we believe that Worldline and Scheidt & Bachmann together provide a strong combination of their expertise to allow fuel retailers to flourish again as part of the evolution of their business.” 

Verena Hiegemann, Product Manager Payment Systems at Scheidt & Bachmann Fuel Retail Solutions GmbH, said: “The payment process greatly adds to the overall customer shopping experience. We seek to support our customers in creating a frictionless customer experience for any type of energy source and purchases at their sites. With new and automated retail models more and more evolving in the industry, we consider a smooth and convenient payment process as key for any business. Therefore, we believe the partnership with Worldline will add value for all of our customers.”

Previous Article

January 25, 2022

Numis chooses Torstone’s post-trade platform to meet CSDR obligations

Read More
Next Article

January 25, 2022

Saxo Markets UK grows senior management team with COO appointment

Read More

IBSi Daily News Analysis

UK, Bank

July 12, 2024

Card Payments

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

Nuvei and Mastercard team to enable crypto to fiat conversion

Read More

July 12, 2024

Payset and ClearBank partner for local and cross-border payments

Read More

July 12, 2024

Network International launches Business Payment Solutions with Mastercard

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024