WORLDPAY (former RBS WorldPay) is a payment processing company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
History
WORLDPAY effective, an electronic payment system which was first released in the UK in 1989 by CentreFile, but mail order / telephone order, has been extended payments "out of reach" and the merger and other companies over the Internet as secure payment launched in handling through acquisitions.
WORLDPAY 1994, 1992 and the first Internet payment services, international multi-currency processing, provided one of the first providers of such services in the world have become.
Was formed in CentreFile 1965, but from 1985 to 1995 when he was reabsorbed in the bank yet effective system CentreFile National Westminster Bank (NWB) was sold prior to Ceridian has become a wholly owned subsidiary. In 2002, the Royal Bank of Scotland Group (RBS), which was acquired by RBS WorldPay business name. RBS expanded business payment solutions from different countries from the merger of a number of companies to get enough. Streamline, Streamline International, PaymentTrust, Netherlands-based Bibit, RiskGuardian US-based Lynk: seven leading retail payment solutions in five years was associated with brands. By 2007, WORLDPAY merchant acquisition the largest in Europe and one of the largest worldwide, forty countries and 120 transaction currencies and settlement currencies was more than fourteen active. WORLDPAY processed 4.4 billion transactions in the year worldwide.
RBS in December 2009 the European Commission approved the state aid in the form of a condition, WORLDPAY selected from the group as part of a plan to divest the business was being sold. August 6, 2010 Advent International and Bain Capital £ 2.025bn including a £ 200 WORLDPAY m contingent consideration agreed. RBS group Advent International and Bain Capital each have a 20% stake in the newly independent retained 40% of business owners. RBS WorldPay December 1, 2010 as part of the sale agreement was completed WORLDPAY name.
December 21, 2010 and almost immediately after the sale, WORLDPAY Cardsave, the UK's leading independent sales organizations in the distribution of credit and debit card acquiring processing services for small retailers. May 2011 WORLDPAY Messenger Services Ltd, a leading alternative payment solutions for eCommerce merchants worldwide provider acquired, for an undisclosed amount.
In June 2013, zinc WORLDPAY WORLDPAY, launched a mobile card processing terminal which connects to smart phones.
WORLDPAY in September 2013 showed that it had acquired US payment processing company payments century.
In November 2013, the Royal Bank of Scotland sold its remaining stake in WORLDPAY payment processing firm for nearly 20 percent of the majority shareholders, private equity firms Advent International and Bain Capital, said.
October 2015 an initial public offering (IPO) is listed on the London Stock Exchange and through.
Operations
Company mail order and Internet retailers, as well as on the issue of sales transactions paid services. Multinational clients, a mix of multichannel retailers, with the majority being small business merchants. It also provides loans to small businesses.