Wednesday, January 30th, 2019
In our increasingly connected world, online payment processing plays a crucial role in the growth of businesses. Recent data from Worldpay shows that contactless payments are currently the most popular form of card transactions in the UK. So, what are you planning concerning accepting payments online? Do you need Worldpay UK reviews? If yes, you’re in the right place!
WorldPay is one of the major players in the modern payment processing industry. This extremely popular processor has an international presence in many countries worldwide. The company was established in 1989 and received the name “Streamline” in the UK. A few years later, it was given a new name, “Worldpay.”
In 2001, merchants in Atlanta, Georgia, were offered US merchant accounts by Worldpay. Soon, The Royal Bank of Scotland (RBS) bought Worldpay, and the company appeared under a new brand, “RBS Worldpay.” In 2010, after RBS sold its controlling interest, the processor got the name “Worldpay.”
In January 2018, Vantiv and Worldpay, leading merchant acquirers in the US and the UK, merged: the merger was estimated to be £9.8bn. So, the group is currently listed in New York and has a secondary, standard listing in London, thus enabling UK parties to purchase “Class A” shares.
Customers report both advantages and disadvantages associated with Worldpay. One of its top benefits lies in the fact that Worldpay is a direct processor. This means the company processes all transactions in-house, instead of using a 3rd party processor. This is also true of Vantiv, so the relationship between the companies isn’t expected to change.
Worldpay UK Reviews by Best Payment Providers
Best Payment Providers is a reputable payment expert in the UK that’s committed to offering the best deal to merchant interested in a reliable payment processor in the country. With Best Payment Providers, you can easily meet your financial needs and enjoy the lowest rates, as well as the best customer service.
Best Payment Providers guarantees unmatched review of contracts, rates, and fees, as well as the most honest snapshot of companies at the time of writing. Thus, you can be sure to always sidestep problems caused by confusing terminology, hidden costs, and dishonest sales tactics.
A smooth transition and onboarding process is guaranteed if you work with Best Payment Providers. Consultation and advice are free.
When it comes to Worlpay UK reviews, Best Payment Providers thinks the following. It’s great that Worldpay boasts many years of experience in the market. Also, the company provides a strong customer support channel that’s highly important for any type of merchant. However, Worldpay has some vague approach to sales and can’t properly disseminate fees, especially when it comes to the mainstream payments field.
What Customers Think About Worldpay UK
If you go through the reviews provided by customers, you’ll find the following main positive comments:
- Easy to apply
- Easy to use
- Great service
Main negative comments include:
- In one case, the company increased the customer’s rate and required different charges on his statement
- Very bad, scammers
- Misled service
Other Reviews by Other Payments Professionals:
Major international processor
Availability of interchange-plus pricing
24/7 customer support
Charges $295 as an early termination fee
Misleading offer concerning “free” terminals
If you want to get the best for your business financial needs, consider turning to a respectable payments comparison company in the UK. Save time and just focus on the growth of your company.