Latest news with #Worldpay®
Al Bawaba
4 days ago
- Business
- Al Bawaba
Worldpay leverages Mastercard Move to empower consumers and businesses to send and receive payments quickly and securely in the UAE
Worldpay® and Mastercard have joined forces to streamline money movement for consumers and businesses in the UAE through Mastercard Move. Through this collaboration, Worldpay Push-to-Card solution will enable a wide range of fast, seamless domestic and cross-border payouts to cards – from gig economy payouts and insurance claims to remittances and withdrawals of crypto proceeds, supported by Mastercard's robust security services and will benefit from quicker access to funds, while businesses will gain more efficient disbursement capabilities – all without the need to share banking details. The solution also allows Worldpay's merchants to leverage their acquiring flows to fund payouts, simplifying operations and reducing reliance on multiple providers.'At Mastercard, we are committed to building a digital ecosystem by providing seamless payment options that cater to diverse customer bases and use cases. With Mastercard Move, we're delivering speed, security, and convenience to Worldpay's customers in the UAE. This initiative will accelerate the shift toward digital transactions, enhance financial inclusion, and drive innovation in the region,' said Mete Güney, executive vice president, Market Development, EEMEA, Mastercard. 'Worldpay plays a pivotal role in shaping the future of payments globally. As one of the first acquirers in the country to enable Mastercard Move, we're offering individuals and businesses a fast, secure, and convenient way to send and receive funds. This marks a significant step forward in transforming how peer-to-peer and disbursement payments are made in the region,' said Tausif Ahmed, Merchant Country Leader MEA, Worldpay. Worldpay has already made the Push-to-Card solution available to merchants in the UK, EU, US, and Australia. Mastercard Move provides banks, non-bank financial institutions, and their customers, including direct disbursers, with fast, secure money transfer solutions, both domestically and internationally. The portfolio of solutions reaches more than 200 countries and 150+ currencies, with access to more than 95% of the world's banked population.
Finextra
21-05-2025
- Business
- Finextra
Worldpay teams up with POS provider Yabie
Point of sale (POS) innovator Yabie today announced a strategic partnership with Worldpay® to power the merchant business tools within Worldpay 360, a new all-in-one business management and payment solution tailored specifically for small and medium-sized enterprises in the UK. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The UK collaboration will help deliver streamlined, user-friendly solutions to independent businesses looking for a payments system that can enhance customer experiences and empower their business. For Yabie, it marks its entry into the competitive UK market, bringing its acclaimed approach to POS software that has already gained significant traction across the Nordics, from independent local merchants to major retailers. "At Worldpay we're investing in and innovating for our small- and medium-sized (SMB) customers, providing them with the tools and support they need to grow and thrive," said Chris Wood, head of SMB International at Worldpay. "Worldpay 360 emphasises exceptional ease of use, allowing businesses to master even complex features without extensive training. By collaborating with Yabie, Worldpay is helping UK SMBs grow with simpler, more adaptable business management solutions." Worldpay customers Mike Smith and Ben Parkin, co-directors of Smirkin' Cod said, 'Worldpay 360 has been a game-changer for us - it's so intuitive that our staff picked it up straight away, and it's already saving us hours of admin each week. It's made the day-to-day running of the business much smoother. It's easy to add products, make amendments, and add users.' Available across retail, hospitality and service sectors in three flexible bundles (Lite, Standard and Pro), the solution integrates Worldpay's payment hardware and technology with Yabie's intuitive software. Worldpay 360 allows merchants to set up quickly and access powerful features including inventory management, table management, and customisable receipts directly from the till interface. "The UK market represents the perfect launchpad for our European growth strategy," said Siri Hyltén-Cavallius, CEO of Yabie. "Through this partnership with Worldpay, we're bringing our user-friendly approach to POS technology to the UK. Partnering with established payment leaders like Worldpay allows us to bring new levels of simplicity to SMBs, empowering them to thrive with new, powerful tools to manage their business."
