Business Issues -> Costs
Released: 8th August 2013
London, 8th August, 2013 – The eCommerce division of WorldPay, a global leader in payment processing, risk and alternative payments, has today announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013, over 257 million gateway transactions were processed.
Online transactions reached a record rate of 320 transactions per second.
Alternative payment transactions were a strong driver of growth, with the value of payments processed increasing by 46% in the first half of 2013 compared to the same period in 2012. The business is confident that it can deliver 20% growth in 2013, with Alternative Payments growing the fastest.
Testament to the success in new product development and innovation, WorldPay have been recognised with a number of industry awards in 2013 including Smart Card Asia Awards, Merchant Payment Ecosystem Awards, Card Not Present Awards and Card and Payment Awards.
Product development and innovation have been a key theme to success over the last 6 months with many enhancements and updates benefitting merchants, including;
WorldPay has seen significant growth across a number of sectors including digital content, video games, airlines, travel, retail and gambling. In 2013, WorldPay has signed a number of significant customer deals including:
The world of online payments is complex with businesses across multiple industries requiring different services and support. WorldPay has signed a number of significant partnerships to integrate with platforms and solutions that can further strengthen its own services and broaden the delivery of WorldPay end-to-end services to global merchants. These partnerships include: MoneyGram, Vindicia and Intershop.
Floris de Kort, CEO, eCommerce division WorldPay comments: “The growth that we have seen in the first half of 2013 is testament to the business commitment to product development and sector-specific relationship management. We have signed significant partnerships which further strengthen our end-to-end services, and the new customer wins in 2013 demonstrate the recognition and demand among global merchants for our international reach through over 200 alternative payment types, industry expertise and data insights. The second half of 2013 looks set to be even more successful.”
Service Delivery Executive
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Published by: IT Analysis Communications Ltd.
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