Worldpay has announced a major investment in Australasia for 2019. The company is opening two sales offices in Australia, while also expanding its global footprint to New Zealand after obtaining a local licence for acquiring card payments. The company says that these regional investments will enable it to serve its Australasian clients through an enhanced market presence and in-country payment processing.
This regional investment builds upon Worldpay’s commitment to the region, having been one of the first non-banking technology providers to launch a domestic acquiring licence in Australia in 2016. The new offices will be located in Melbourne and Sydney, with Sydney acting as the country headquarters.
The New Zealand card payment processing licence will allow Worldpay to process transactions domestically for merchants trading in New Zealand. This licence means company is one of a few providers to offer domestic acquiring capabilities in the country. It will also make it easier for New Zealand-based firms to trade with the rest of the world, creating a seamless payment experience for both domestic and international clients. Worldpay says that domestic acquiring in New Zealand will be available in Q2 2019.