ANZ acquires full control of payments joint venture for $89 million

A strategic $89M move gives ANZ total command of its payments business. What does this mean for customers and the bank's future growth?

, and Administrator

2026 May 3 . 10:10 AM

1 min read

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ANZ acquires full control of payments joint venture for $89 million

ANZ has struck a deal to buy Worldline S.A’s 51% stake in ANZ Worldline for an enterprise value of $89 million. The move will see the bank take full control of the payments joint venture. Customers will notice no immediate changes to their existing services. The binding agreement covers Worldline Australia Pty Ltd, currently a partnership between ANZ and Worldline S.A. ANZ expects the deal to close in the second half of the 2026 fiscal year, pending approval from the Australian Competition and Consumer Commission.

The acquisition fits into ANZ’s broader 2030 strategy, which aims to expand its payments and transaction banking services across the region. Lisa Vasic, ANZ’s Managing Director of Transaction Banking, Institutional, noted that full ownership would deepen the bank’s direct ties with customers and enhance its product range.

Financially, the transaction carries an implied equity value of around $30 million for the 51% stake. ANZ anticipates a modest impact on its Level 2 CET1 capital ratio—approximately 6 basis points—once the deal completes. Once finalised, the purchase will solidify ANZ’s position in the payments sector. Day-to-day operations for ANZ Worldline users will remain unchanged. The bank plans to integrate the business smoothly while building on its existing customer relationships.