“It really hurts”: Payment giant has lost billions in market value after revelations

One of the world’s largest payment services, Worldline, has lost more than two billion kroner of its market value after a revelation in Politiken and several European media.

Payment giant Wordline’s shares tumbled on Wednesday, losing over a third of their value.

This happened after Politiken, in collaboration with 20 international media outlets, revealed how Worldline has for years enabled payments worth billions on shady websites such as fake dating sites and illegal casinos.