Standard Chartered has joined forces with Worldpay from FIS, a merchant acquirer, to enhance the market reach of its digital collections gateway, Straight2Bank Pay. This collaboration aims to enable merchants to accept a wider range of payment methods, including cards, e-wallets, and bank transfers.
By leveraging Worldpay from FIS’s capabilities, Standard Chartered can strengthen its Straight2Bank Pay solution, providing merchants with a seamless and efficient way to collect funds. The partnership also opens up opportunities for Standard Chartered to expand its presence across Asia and enter more than 30 new markets in Europe, the Middle East, the US, and the UK.
Philip Panaino, Global Head of Cash, Transaction Banking at Standard Chartered, highlights that Straight2Bank Pay was designed to offer clients and their customers diverse digital payment options without the need for complex integrations or managing multiple collection accounts.
The collaboration with Worldpay from FIS allows Standard Chartered to leverage their global reach and expertise in providing fast and convenient payment solutions to merchants, ensuring they can accept their customers’ preferred payment methods.
With this partnership, Standard Chartered aims to further enhance its digital payment offerings and strengthen its position as a leading provider of innovative banking solutions.
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