Weds 12th June 2024
The Covid pandemic accelerated the move from cash to card payments across the UK, with a need for retailers of all sizes to ensure they offer a quick and easy way for customers to pay using cards and phones. WorldPay has traditionally been an option only for those businesses with a relatively large turnover of credit and debit card payments, amongst which WorldPay have over 40% market share, but as Tony Saxby revealed to the group this morning, that is now changing.
With a revamped line up covering
- Physical terminals (including EPOS)
- Virtual terminals (for payment links)
- E-commerce integration
there’s an option for most scenarios. Realistically the virtual/e-commerce options are viable for businesses with a turnover in excess of £50K and the physical/EPOS terminals for businesses turning over £150K+
WorldPay are actively targeting the small ecommerce market now, hoping to regain market share from the likes of Stripe. There is a pretty generous referral scheme available to web developers who can commit to making at least one introduction a month.