From E-Payments Challenge Winners to Business Partners, ReceiptHero and Worldline support the move from paper receipts to digital checkout
ReceiptHero, the Finnish fintech that has built an open ecosystem for banks and merchants to power itemised digital receipts, has inked a partnership with Worldline, the European market leader in payment and transaction services.
For merchants trying to provide a safe environment for customers to shop in, digital receipts provide the final step in truly contactless shopping. Through this strategic collaboration, Worldline and ReceiptHero will collaborate to provide customers with a way to get digital receipts in real-time to banking applications.
In September, ReceiptHero won Worldline’s E-Payments Challenge by grand jury vote and soon after got to work on figuring out how the partnership would look like. The jury valued ReceiptHero’s strong ecosystem thinking, fully covering the complexity of the payment landscape, linking the payer, payee and various partners within the chain.
‘It’s impressive, the speed Worldline has moved to forge a partnership with ReceiptHero. Worldline is the ideal partner for us to truly scale our platform across Europe and we are really pleased to have our teams join forces. With our shared knowledge, Worldline and ReceiptHero will be able to deliver on a truly digital checkout experience for both customers and merchants”. Chris Moore, COO at ReceiptHero
“ReceiptHero is a perfect match for our identification service WL One Link. I strongly believe that this partnership will enhance the customer experience at the POS and at the same time contribute to a more eco-friendly check-out. Together with ReceiptHero, we will bring to the market a digital receipt proposition to support the full payment value chain for all ecosystem players. This partnership also illustrates our speed to build collaborations with fintechs to create the services of tomorrow.” Michaël Petiot, Head of Alliances & Partnerships at Worldline
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros. worldline.com
ReceiptHero’s mission is to eliminate the paper receipt, simple as that.
At least 50% of paper receipts are made using BPA, a substance classified as toxic to humans and wildlife by the EU. Two out of every three paper receipts are thrown away unused each year. And at least 50% of paper receipts are almost impossible to recycle. Purchase data is one of the most valuable yet underutilized sources of trends and financial health. Banks are building budgeting features without clear access to how their customers spend their money. For business customers, filing expenses is still incredibly cumbersome.
Enter, ReceiptHero. a fully digitalized receipt platform where merchants can transmit their customers receipts into banking apps and accounting platforms.