Competitor Profile: Worldpay

August 2019 •
18 pages •
Report ID: 5813104 •
Format: PDF

Summary
Table of contents
Search Inside

Competitor Profile: Worldpay

Summary
Worldpay, Inc. is a global merchant acquiring and payment processing company that provides in-store, online, and mobile payment solutions to merchants and financial institutions. In January 2018, Vantiv completed acquisition of Worldpay Group plc, one of the world’s leading technology-led payment solution providers, and the combined company was named as Worldpay, Inc. The company processes over 40 billion transactions annually, supporting more than 300 payment types across 146 countries and 126 currencies. Worldpay is the largest merchant acquirer globally in terms of number of transactions: in the US alone, it accounted for 21% of merchant acquiring transaction volumes in 2018.

Worldpay provides various services to merchants, including retail, restaurant, government, online retail, and business-to-business (B2B) services.Moreover, the company provides these services to businesses of all sizes, from small businesses to multinational corporations.

It also provides its services to financial institutions such as regional banks, community banks, and credit unions.

US-based financial services technology company Fidelity National Information Services (FIS) announced the acquisition of Worldpay, Inc. in March 2019 for a consideration of $43bn including debt, making it one of the biggest deals in the payment space. The acquisition was completed in July 2019. This deal is just one of the major acquisitions to have taken place in the payment processing market in 2019, highlighting the trend towards large-scale consolidation in the industry.

The report provides information and insights into Worldpay including -
- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company’s important events and milestones

Scope
- In 1971, Midwest Payments Systems was formed by Fifth Third Bank to provide ETF services to financial institutions.
- In 2003, Midwest Payment Systems was renamed as Fifth Third Processing Solutions.
- In June 2011, Fifth Third Processing Solutions was renamed as Vantiv.
- In January 2018, Vantiv completed acquisition of Worldpay Group plc. Following the acquisition, the combined company was named Worldpay, Inc.

Reasons to buy
- Gain insights into Worldpay’s business operations and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager