BillDesk Buys Worldline India for ₹650 Crore to Boost Offline Payments Network

Mumbai-based payments major BillDesk is set to acquire Worldline India in a deal valued at ₹650 crore, marking a strategic push into offline payments and omnichannel services. The acquisition significantly strengthens BillDesk’s in-store presence while reinforcing its long-standing relationships with banks and enterprises.

The transaction, reported by Moneycontrol, remains subject to regulatory approvals and customary closing conditions.

Strengthening Offline and POS Presence

Worldline India works closely with large banks and operates their offline payment terminal businesses. With this acquisition, BillDesk will gain a substantial footprint in physical point-of-sale (POS) terminals, complementing its established dominance in online payment gateways.

The move allows BillDesk to bridge the gap between digital and in-store transactions. As payments infrastructure increasingly demands seamless integration across channels, the combined entity aims to deliver a unified payments ecosystem covering POS terminals, QR acceptance, recurring mandates, and cross-border flows.

Long-Term Technology Collaboration

The deal also includes a long-term technology and software agreement. BillDesk will continue to use Worldline’s payment software, ensuring operational continuity and technological stability.

MN Srinivasu, co-founder of BillDesk, stated that the acquisition strengthens the company’s ability to offer a more connected and scalable payments experience for banks, enterprises, and merchants. The integration brings together payment aggregation, bank-grade transaction switching, and merchant acquiring under a single platform.

Strategic Reset After PayU Deal Collapse

This acquisition marks a pivotal moment for BillDesk, nearly four years after its proposed $4.7 billion sale to PayU fell through in 2022. That failed deal would have been among India’s largest fintech transactions.

Worldline India’s operations also include Ingenico, which acquired Techprocess in 2017 to expand merchant acquiring capabilities. By absorbing these assets, BillDesk deepens its competitive positioning in India’s rapidly evolving fintech landscape.

Founded in 2000, BillDesk reported operating revenue of ₹2,446 crore and a net profit of ₹121 crore in FY24, underscoring its financial resilience.

Read more: Jane Street vs SEBI: SAT Adjourns High-Stakes Market Manipulation Case.

Conclusion

BillDesk’s ₹650 crore acquisition of Worldline India signals a strategic expansion into omnichannel payments at a time when seamless integration across online and offline platforms is critical. By strengthening its bank partnerships and offline infrastructure, BillDesk is positioning itself for the next phase of India’s digital payments evolution.

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