Worldpay UK: Dealing with Worldpay Complaints

Tuesday, July 24th, 2018

Are you looking for a large direct processor with an international presence like Worldpay? Do you have Worldpay complaints or questions concerning the complaints? No worries. Just read this article and you’ll get answers to your questions.

Worldpay: Payment Processor in the UK

Worldpay is a very big direct processor that boats an international presence in a large number of countries. Its largest presence is in the UK and Europe. Worldpay (UK) Limited does business as Streamline. The company offers debit/credit card payment processing services in the UK.

The company was founded in 1989 and was known as “Streamline” in the UK Later, it took the name “Worldpay.” In 2001, the company started its US operations in Atlanta, Georgia. Soon, The Royal Bank of Scotland (RBS) bought the company and rebranded it as RBS Worldpay.

The pricing rates and fees offered by the company vary from merchant to merchant, based on their type. The rates and fees are determined due to whether the merchant has turned to a reseller to sign up for services or he/she has signed up directly through Worldpay.

Worldpay, once an under-valued subsidiary of a failing bank (in the 1990s), has turned into Europe’s largest private equity buy-out in 2010. Besides, in 2018, it had £8bn mega-merger with US processing giant Vantiv. Over the last 4-year period, Worldpay UK has registered a double-digit annual percentage growth.

However, Worldpay UK’s market share has been decreasing. The UK Card Association reports that during 2012 – 2016, the total UK card spend has grown by 30%. During the mentioned period, the transaction value of cards processed by Worldpay UK has increased by only 20%.

Worldpay UK’s net revenue increased by 50%, which speaks of the fact that the company’s profit growth is the result of price growth than volume growth of customer numbers and card spend processed.

Dealing with Worldpay Complaints?

Worldpay provides services directly with its own inside sales staff. Moreover, the company offers services indirectly through independent sales agents. By the way, you can come across negative Worldpay reviews describing nondisclosure or misrepresentation of fees by sales agents.

Are you a merchant considering a Worldpay merchant account? What about Worldpay reviews or complaints? You can find hundreds of negative Worldpay reviews while surfing the net. Many of them call the company a scam. Customer service, unexpected fees, as well as customers’ surprise over cancellation fees or auto-renewing contracts are among the top complaints.

Well, dealing with Worldpay complaints can’t be an issue if you turn to a reputable payment expert like Best Payment Providers in the UK. With Best Payment Providers, you’ll get free consultation and contract reviews, rates, and fees so to be able to choose the best merchant services provider in the country.

Best Payment Providers understands that integration requirements are equally as important as fees and customer service, so each provider’s integration process is always checked. So, you can be sure to enjoy a smooth transition and onboarding process. What is more, Best Payment Providers’ goal is to offer the most honest snapshot of the company at the time of writing.

Thanks to a reliable and experienced comparison company like Best Payment Providers, you can get the best deal for your business. With the comparison and reviews provided by Best Payment Providers, you can get a better understanding of payment providers like Worldpay so to be able to take your business to the next level without challenges.