Standard Chartered partners Worldpay from FIS to expand payment collections offering
Standard Chartered has partnered with merchant acquirer Worldpay from FIS to expand the market coverage of its Straight2Bank Pay solution.
Straight2Bank Pay is Standard Chartered’s digital collections gateway for merchants.
Through the partnership with Worldpay from FIS, Standard Chartered says it can bolster its solution and enable merchants to collect funds from a wider range of payment methods including cards, e-wallets and bank transfers.
The bank can also expand Straight2Bank Pay’s footprint across Asia and enter more than 30 new markets across Europe, Middle East, US and UK.
Philip Panaino, global head of cash, transaction banking at Standard Chartered, says its Straight2Bank Pay solution was designed to help clients offer their customers more digital payment options without needing multiple integrations or managing different collection accounts.
“Standard Chartered will take advantage of the global reach of Worldpay from FIS and its ability to provide speed and convenience for merchants to accept the preferred payment methods from their customers,” says Phil Pomford, general manager for global e-commerce, APAC, Worldpay from FIS.