Credit: Don Metznik from Pixabay.

Worldline has signed a five-year agreement to unify and upgrade Luminor Bank’s ATM network.

The Baltic region lender uses different models for its ATM network across Estonia, Latvia and Lithuania. Some of these centres are fully owned by Luminor, while others being outsourced to different service providers.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The upgrade works will bring uniformity and will enable all ATMs to offer same consistent functionalities to the customers.

As agreed, Worldline is expected to start adopting Luminor’s ATMs in Lithuania to their network from next month.

The overall ATM network across the Baltics is expected to switch to Worldline by September.

Additionally, Worldline will start upgrading and replacing the oldest machines in August.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Luminor CEO Peter Bosek said: “We are pleased to partner with Worldline to offer continuously improved services to our customers. Worldline is a trusted partner with a solid track record that will support us in unifying and upgrading our ATM network.

“Luminor has entered a new stage in our development and working together with one of the world’s leading service providers will enable us to keep enhancing our customer experience.”

Worldline Financial Services Nordic and Baltic region head Zanda Brivule-Jansone said: “We are delighted that Luminor has chosen us to upgrade their ATM network and we will continue to innovate and make more cash transactions contactless as well as accessible without the card in a safe way.

“The trust Luminor gave us with this agreement is acknowledgment of our team’s expertise building and running ATM networks for the benefit of our partner banks and their clients.”

Headquartered in Estonia, Luminor is one of the largest financial services providers in the Baltics.

According to a statement, it had a market share of 16.1% in deposits and 17.2% in lending at the end of December last year.

The lender has around 900,000 clients.