Worldpay and Sage Partner for Corporate Card Payments
Worldpay and Sage Pay, part of Sage Group, have announced a partnership that is designed to broaden the range of card payment solutions available to businesses. The companies say that the partnership will open-up the opportunity for businesses of all sizes to deliver cost effective, simple and transparent card payments solutions. Furthermore, the collaboration will help reduce time-to-trade for businesses.
Research from Sage has shown that 17 % of all invoices from small and medium businesses are paid late in the UK and Ireland. The UK currently has the highest proportion of invoices that are paid late, with 9% written off as bad debt. The acceptance of card payments helps businesses get paid on time.
Worldpay services merchants 24/7 globally, from sole traders who process small volumes through to large corporates processing millions of transactions every day.