Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, is thrilled to announce it will be hosting the fourth edition of its industry leading e-Payments Challenge hackathon which is due to take place in an innovative fully virtual format on 26-28 January 2022.
The e-Payments Challenge is Worldline’s annual hackathon bringing together worldwide payments ecosystem stakeholders, including fintechs, start-ups, banks, merchants, as well as Worldline’s talented team of technology experts.
The challengers, which is made up of Worldline’s major corporate customers, will propose real-life scenarios and the associated business challenges to start-ups (the disruptors), who will in turn be asked to co-create smart solutions to address these challenges, whilst leveraging Worldline’s (the enabler) e-payments expertise and assets.
Contestants will be tasked with creating solutions for the various challenges. Worldline will select participating Fintechs from applicants from across all disciplines of payment technology - and beyond.
A wide range of business areas will be covered, including the omnichannel experience, digital currencies, financial sustainability and the cashless society.
As a result of the co-creation process, start-ups and corporations will create a suitable solution that significantly shortens their go-to market cycle. All Fintechs will have the opportunity to work closely with sponsoring and/or participating companies, and bring their ideas to life using Worldline’s considerable assets.
Pascal Mauzé, Head of Communication, Marketing & Sales performance at Worldline, says: “As a global paytech company that is based on a strong open-innovation approach, Worldline is determined to assuming its key role of enabler in the payments industry. We aim to unite payments operators from both the corporate and start-up worlds, to help them co-create the future of payments.
“More than ever in the current global economic environment, Worldline is committed to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. I am confident this years’ event will bring many innovative and solid solutions to support our strong and on-going commitment to the industry.”
Discover this year’s edition challenges
Adopt the digital currency
• Challenge #1 - Corporate gift card based on proprietary digital currency
Drive financial sustainability
• Challenge #2 - Delivering a digital corporate expense management, customer onboarding & payment solution
Master the omnichannel experience
• Challenge #3 - Secure phone call payments for hospitality bookings
• Challenge #4 - Enabling budget-diverse payment on the Mobility Application
• Challenge #5 - Revolutionizing experience of employee benefits administration and spending
• Challenge #6 - Digital identity-based payment in an e-commerce application
• Challenge #7 - Eliminating fraud on voice-based payments
• Challenge #8 - Offering a seamless online payment flow in physical boutiques and pop-up stores
Provide a touchless experience
• Challenge #9 - Implementing e-Invoicing
• Challenge #10 - Payment & Loyalty made seamless
Speed up the cashless society
• Challenge #11 - Digital credit card for limited purposes
• Challenge #12 - Enable a seamless account-based payment experience in physical stores