Banking News

Worldpay looks to Aus and NZ for growth

Worldpay looks to Aus and NZ for growth

(27 March 2019 – Australia) Payments technology group Worldpay is set to open two offices in Australia as it seeks to capitalise on the rapid growth in e-commerce both here and in New Zealand.

Worldpay already provides services for a number of digital-centric businesses in Australia such as Lonely planet and Webjet, as well as online social gaming company Virtual Gaming World. the firm’s push into the market will see it first target businesses in the online retail, travel, digital content and online gaming industries.

"We see growth opportunities to come into a market where there is rising employment, great population growth, and where the shift into the e-commerce and mobile commerce is significant," Worldpay General Manager of Global eCommerce for Asia Pacific, Phil Pomford, said in an interview with Reuters.

"[With the new offices] we will be better able to attract new customers and service them going forward," Mr Pomford added.

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