Top Worldpay Alternatives

With the increasing demand of online markets and shopping places, the payments are often processed online. Most of us use direct card payments than cash, solely due to ease of transaction and record keeping. Among these, businesses can take advantage of quick payments.

WorldPay is one such payment processor that started in 1989 with the name Streamline. It supported multi-currency payments in its initial time and has now expanded to provide the same via methods like cards, net banking, POS, etc. It now houses with over 5000+ employees with more than 20k clients across 130 countries. WorldPay services and plans are top contenders in the online payment processing market. It’s been now part of FIS since July 2019.

The payment processor has acquired other popular payment services like Cardsave, Envoy Services Limited, Century Payments, and Secure Net Payment Services. Be it checks, online payments, online gateways, or any card payments, WorldPay will always come to your rescue. You can use in-store, mobile, or online payments with it. They target their services for financing, small businesses, large enterprise, and technology partners.

WorldPay Products & Services

From the above three categories, WorldPay offers support for most forms of payment gateways. It has got several third-party integrations too that can increase the scope of their services.

WorldPay Small Businesses

This service caters to the needs of small businesses, aiding them with financing needs, payment plans, online payments, cards, phone payments, etc. The financing part involves quick funding with improved scores of your credits. Their claim states that about 50% of their contracts get cleared within 48 hours. The procedure is via traditional exchange methods. They charge a percentage of fees for every batched transaction. They also approve card machines, POS machines, and phone or email payments.

WorldPay Large Enterprise Services

WorldPay offers some complimentary services in the Enterprise Plan. Along with the above services, it has few solutions for merchants like B2C eCommerce, B2B eCommerce, and Multi-channel payment methods. The Enterprise plans include a better version of the above facilities and are more suitable for larger companies that are established well beyond the startup phase.

Conclusion

Overall, WorldPay offers these services on charges like 0.20% interchange, 2.75% flat rate with +$0.15 extras per-transaction fees. Other processing fees for credit cards, recurring charges, chargeback fees, and per-occurrence fees are also workable. And so, it is a secure, robust, reliable, and affordable option as an online payment processing service.