A Large International Payment Processor
WorldPay (worldpay.us) is a very large direct processor with an international presence in 40 countries, the largest of which is in the U.K. and Europe. Founded in 1989 under the name “Streamline” in the UK, the company’s name was changed to WorldPay a few years later. In 2001, WorldPay began to offer U.S. merchant accounts in Atlanta, Georgia. Shortly after, the company was bought by The Royal Bank of Scotland (RBS) and rebranded as RBS WorldPay. In 2010, RBS sold its controlling interest in the company and RBS WorldPay was rebranded back to just “WorldPay.”
Merged With Vantiv
Most recently, in mid-2017, Vantiv acquired WorldPay for $10 billion. The combined entity has since assumed WorldPay’s name and begun to consolidate its sub-brands into WorldPay. Philip Jansen is listed as the CEO of WorldPay.
WorldPay Review Table of Contents
- Sales & Marketing: WorldPay hires independent sales agents and has received a high number of complaints about its sales practices.
- Costs & Contract: WorldPay offers a multi-year contract with a variable early termination fee.
- Complaints & Service: WorldPay has received more than 400 public complaints.
- BBB Rating: WorldPay has an “A+” rating with the Better Business Bureau and has received 204 complaints in the past three years.
- Rates & Fees: How Merchants Got The Best Rates With WorldPay
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