BW-Bank contracts Wordline for a further seven years

Germany’s Baden-Württembergische Bank (BW-Bank) has extended its contract with global payment processor Worldline for a further seven-year term.

BW Bank and Wordline have extended their agreement for a further seven years

The bank came to its decision based on the longstanding collaboration between the two companies. Worldline has managed issuing processing for the bank’s range of cards for the past 17 years. In addition to extending the existing service, development and introduction of future-orientated solutions are in the pipeline.

Under the extended issuing processing contract Worldline will perform a series of new services. Worldline handles all the credit cards ranging from co-branded-cards, the bank’s own cards to prepaid cards via its technical platform, while also providing various other services such as management of contactless cards.