Worldpay Company Profile 2015: Online Payment Services
E-Commerce payments is the fastest growing business segment of UK-based WorldPay
Worldpay is a UK-based provider of multichannel merchant solutions in transaction processing and one of the largest acquirers worldwide. The online payment solutions to international businesses are provided by the company’s E-Commerce operating division. In the recent years, this division showed the highest revenue and profit growth of all Worldpay’s business units, increasing its share on total revenue to over 20% in the first half of 2014. Within E-Commerce, a number of different industries are served by Worldpay, including airlines, travel, digital content, online retail, video games and others. Online gambling has generated the highest gross profit growth within the E-Commerce division in 2013, adding almost EUR 7 million, with clients such as William Hill, Betfair, Ladbrokes and others.
Being a provider of point-of-sale, online and mobile payment processing solutions, the topic of omnichannel has recently been on Worldpay’s agenda. In late 2014, it acquired SecureNet Payment System, a US-based company specialized in multichannel commerce and launched Worldpay Total Mobile, an omnichannel payment service. The various online payment solutions, including services such as payment gateway, business analytics and reporting, multi-currency settlement, fraud and risk management are tailored to small and medium sized companies as well as larger businesses.
Worldpay processes online payments worldwide with both credit cards and alternative payment methods on offer. Major cards are supported in over 130 countries, including international brands such as American Express, Discover, Maestro, MasterCard, Visa and others, but the company also supports local cards, such as Carte Bleue, Dankort, China UnionPay among others. Alternative payment methods likewise include global E-Wallets, such as PayPal, Paysafecard and V.me, but also a variety of popular local methods, for example, Przelewy24 in Poland, DineroMail in Mexico and Konbini in Japan.