Payment processing, risk and alternative payments specialist WorldPay and Delego, a global supplier of SAP integration software for processing electronic payments, are integrating WorldPay’s end-to-end payment services with Delego’s e-payment processing platform.
The integration combines SAP enterprise systems with online payments. Delego’s software captures e-payment transaction data from customers and this information is routed to the WorldPay Gateway. WorldPay then manages the payment authorisation and settlement process.
Through the integration, merchants can implement WorldPay’s payment processing, alternative payment methods and risk management services through a single connection. It enables merchants to maximise global reach; for example enabling them to process payments in 120 different currencies and settle in 14, and provides access to WorldPay’s portfolio of more than 200 payment methods globally.
The integration increases security of payment information and reduces the scope of Payment Card Industry Data Security Standards (PCI DSS) that merchants have to manage directly within their own environment. It also reduces days sales outstanding (DSO) as the integration minimises the costs associated with manual invoice processing.
“Keeping payment transaction data secure can be a resource-heavy burden for merchants,” commented Shane Happach, chief commercial officer, WorldPay e-commerce.
“This integration maximises the security of payment data, without the merchant having to manage this in their own environment. It also allows merchants to ensure they are maximising global e-commerce opportunities by providing access to WorldPay’s breadth of end-to-end payment services from a single connection.”
Larry Chevalier, Delego’s president and chief executive (CEO), added: “The integration with WorldPay extends Delego’s global footprint into areas where WorldPay already has an established presence.”
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more
While corporates have more choice when it comes to choosing financial services, the core relationship between banks and businesses hasn't changed, argues Michael Cummins, head of treasury solutions at Citizens Bank.
Plans to overhaul trade finance infrastructure by the R3 consortium, brexit confidence by UK mid-sized businesses and global financial assets hitting a record high all hit the latest headlines in the world of treasury this week.