Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to help close the gap between consumer expectations and merchant capabilities, the company said in a...
Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents that sell travel bookings directly to end consumers have long been challenged by how to...
Innovation is no good to the businesses that fail to embrace it. But as advanced technologies to streamline payments and financial data management reshape competition in commercial payments, the transformation of business-to-business (B2B) payments is taking center stage this month as PYMNTS, together with industry...
The complexities enabling money movement can make life challenging for CFOs and treasurers. If they sit at the helm of marketplace businesses, well, that’s when things get interesting, and where technological sophistication butts heads with the need for simplified use and reporting. While marketplaces and...
August 15, 2024
Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights the role of digital wallets not only as a payment option but also as a versatile tool that boosts consumer engagement and spending. A recent PYMNTS Intelligence report, “Top of […]
July 10, 2023
The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining. Only two segments gained ground through the four trading sessions that ended Friday, as the...
September 22, 2021
It is becoming clear that B2B’s digital makeover will take a cue from B2C, such as the Amazons of the world, as paper checks give way to payments made with the click of a mouse. Buyers increasingly will find sellers...
August 30, 2021
The fraudsters go, always, to the path of least resistance. Michael Pantano, global head of Compliance at Worldpay, told PYMNTS that as 2021 moves toward its close, we’re seeing fraudsters...
November 27, 2024
Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to help close the gap between consumer expectations and merchant capabilities, the company said in a Wednesday (Nov. 27) news release provided to PYMNTS. “Under many […]
November 20, 2024
Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents...
September 27, 2024
With Lightspeed Commerce engaged in discussions of “potential strategic alternatives,” private equity firms and Worldpay are reportedly the most logical potential buyers of the point-of-sale (POS) and commerce platform. Jefferies...
September 26, 2024
Worldpay is reportedly in talks with blockchains about becoming a validator and verifying blockchain transactions. The payments provider aims to do so to better understand how digital ledgers operate and...