Articles from Worldpay

Worldpay®, a global industry leader in payments technology and solutions, announced today that it is adding domestic acquiring capabilities in Thailand, expanding its presence in the Asia Pacific market. This expansion is core to Worldpay’s strategy for enabling global merchants to serve local consumers with preferred payment types, accelerating commerce through improved authorization rates, robust fraud protection, and efficient settlements. Worldpay supports domestic acquiring capabilities in nine markets in the Asia Pacific region including Australia, New Zealand, Singapore, Hong Kong, Japan, Malaysia, India, South Korea and now Thailand.

Worldpay® has expanded its partnership with Visa to enhance the payments leader’s 3D Secure (3DS) solution, which can help merchants reduce fraud while reducing consumer friction and boosting authorizations. By passing through authentication data to the issuer, merchants in the U.S. using 3DS Flex™ from Worldpay can enhance payments security and shopper experience while improving approval rates.

Worldpay® and Early Warning Services have announced a new partnership at Worldpay’s annual client and partner event, Rethink, to enable Paze℠ as a checkout option available to its merchants. Paze is an online checkout solution developed by Early Warning Services that is offered by leading banks and credit unions in the U.S. The convenient Paze checkout experience enables consumers to pay online with their preferred credit and debit cards via added security through tokenization, and seamless digital authentication.

Worldpay®, a global industry leader in payments technology and solutions, is continuing its expansion into the Latin American market with new domestic acquiring capabilities in Colombia. This expansion further adds to its geographical reach in the region, where it already supports some of the largest merchants across Argentina, Brazil and Mexico.

The 10th edition of the Worldpay® Global Payments Report (GPR), released today, reveals a global transformation in payments. In just a decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionized the way consumers pay. Spending through digital payment methods* in e-commerce and in-person shopping grew from $1.7 trillion in 2014 to $18.7 trillion globally in 2024, a nearly eleven-fold increase. The total value of digital payments is expected to exceed $33.5 trillion by 2030.

Worldpay®, a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions and enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally.

Link2Gov, a wholly owned subsidiary of Worldpay®, has been selected by the Internal Revenue Service (IRS) as an authorized digital payments provider, extending the IRS’ partnership with the payments technology provider. Individuals and businesses can now use Pay1040.com by Link2Gov to make digital federal income tax payments for the 2025 tax season using credit, debit and other digital payment methods. Link2Gov’s highly secure digital payment options provide taxpayers more flexibility and choice in ways to pay.

Worldpay® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and prevention solution, FraudSight™, will automatically receive the benefits when accepting a payment made using a card issued by Capital One.

The Reynolds and Reynolds Company, a leading provider of automotive dealership software based in Dayton, Ohio, has extended an agreement with Worldpay® as its exclusive payments provider.

The continued rise of digital wallets is heralding a golden age in payments, marked by the swift adoption of new technologies and driven by consumer preference according to new research in the Global Payments Report 2024 from Worldpay®. The ubiquitous acceptance of digital wallets is enabling greater consumer choice and control in this era of payments innovation. According to the findings, digital wallets accounted for $13.9 trillion in global transaction value in 2023, representing half of all online and 30% of consumer spend at point-of-sale (POS).