Worldline and Castles Technology partner to deliver innovative SoftPOS payment solution in North America
Rhea-AI Summary
Worldline [Euronext: WLN] has announced a strategic partnership with Castles Technology to deliver innovative payment solutions in North America. The collaboration focuses on developing an advanced SoftPOS solution that enables merchants to accept payments directly on Android mobile devices without additional hardware.
The partnership combines Worldline's payment expertise with Castles Technology's Android payment solutions, targeting Independent Software Vendors (ISVs), Independent Sales Organizations (ISOs), and Banks. The SoftPOS technology offers cost reduction benefits and enhanced merchant experience through increased mobility and faster checkout times, particularly suitable for field services, not-for-profits, and event management sectors.
The companies will showcase their technology at the Electronic Transactions Association (ETA) TRANSACT tradeshow in April, with plans to launch their first-to-market SoftPOS solution by the end of 2025.
Positive
- Partnership enables cost reduction for merchants by eliminating traditional POS hardware requirements
- Expansion into North American market through strategic partnership
- Technology solution targets multiple business segments (ISVs, ISOs, Banks)
- Launch of innovative payment solution addressing growing mobile payment needs
Negative
- Product launch timeline extends to end of 2025, indicating delayed market entry
- Solution to Android devices only
News Market Reaction 1 Alert
On the day this news was published, WRDLY declined 5.59%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VICTORIA, BC, March 26, 2025 /PRNewswire/ - Worldline [Euronext: WLN], a global leader in payment services, is pleased to announce a strategic partnership with Castles Technology to provide cutting-edge in-person payment solutions in
Worldline specializes in delivering top-tier payments technology to Independent Software Vendors (ISVs), Independent Sales Organizations (ISOs), and Banks, in numerous vertical markets across
Castles Technology offers advanced Android payment technology, which is widely preferred by merchants worldwide for its reliability and efficiency. They have established a reputation for prioritizing security, innovation, and user-centric solutions, which align directly with Worldline's strategic goals and position them as a highly trusted partner.
"At Castles Technology, we are committed to pushing the boundaries of payment innovation, and our partnership with Worldline represents a major leap forward in redefining how businesses accept payments," says Joe Mach,
This partnership is to provide the premier solution for ISVs by combining competitive advantages and collaborating on an advanced SoftPOS solution. SoftPOS, a software-based Point of Sale, allows merchants to securely accept payments directly on a phone, tablet, or other Android mobile device, bypassing the need for additional hardware. This solution significantly reduces costs associated with traditional POS hardware and can enhance the merchant experience with increased mobility, faster checkout times, and easy integrations. SoftPOS is an excellent fit for a wide range of industries, including field services, not-for-profits, and event management, as well as for small to medium-sized merchants who prioritize mobility and cost-savings.
Worldline and Castles Technology will be showcasing this technology together at the Electronic Transactions Association (ETA) TRANSACT tradeshow in April, and plan to launch their first-to-market SoftPOS solution by the end of 2025.
"Partnering with Castles was an evident decision for our team here at Worldline North America. With aligned commitments to delivering innovative payment solutions, Castles' extensive portfolio of terminal offerings, and joint goals for SoftPOS market introduction, we are thrilled to keep building on our foundation as partners," says Claire Gayton, Head of Operations and Partnerships, Worldline North America.
This partnership marks significant advancements in the SoftPOS and in-person payment technology industry, setting a new standard for payment processing solutions. By merging the strengths of both companies, Worldline aims to drive the adoption of secure, efficient, and scalable payment options, ultimately improving how merchants collect and process payments.
ABOUT WORLDLINE
Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customized for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a
Worldline's corporate purpose ("raison d'être") is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.
ABOUT CASTLES TECHNOLOGY
Castles Technology is a global leader in payment acceptance solutions, providing cutting-edge terminals, innovative solutions, and exceptional services that meet the needs of today's modern businesses. With over 30 years of experience, Castles partners with thousands of businesses including processors, merchants, acquirers, ISVs, and PSPs to deploy millions of POS terminals, connecting consumers and commerce around the world.
Castles Technology, leading Android SmartPOS provider
PRESS CONTACTS
Worldline
Meghan Casault
T +1 (778) 533 8331
E meghan.casault@worldline.com
Virginie Bonnet
T +33 6 18 70 72 12
E virginie.bonnet@worldline.com
Castles Technology
Cristi Stein
T +1 (678) 588 3852
E cristi.stein@castlestech.com
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SOURCE Worldline