Lycamobile Group, an operator in the prepaid international calling card market, has selected payment processer WorldPay to execute its end-to-end payment services. These include acquiring, gateway, risk, treasury and alternative payments to support its global payment requirements.
Previously, Lycamobile Group used a number of payment providers for the various services, but the company chose to consolidate and select a payment partner that could offer the full breadth of services and support the company as it expands globally.
Lycamobile Group’s customer base includes Asian, African and South American communities that live abroad and the business has ambitious plans to expand globally, offering more services that will benefit its customer base. WorldPay offers global acquiring licenses and a portfolio of over 200 payment types. Lycamobile Group will be able to implement relevant alternative payment types as it enters new markets, allowing it to be flexible to local preferences.
Despite being behind the likes of Europe and China, the US payments industry is now rapidly advancing, said Anish Kapoor, CEO of AccessPay told GTNews in an exclusive interview.
Treasurers are more interested in cross-border payments and automation than real-time payments, as they are consistently asked to do more with less, argues Rick Burke, head of corporate payments at TD Bank in an exclusive interview.
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