Irish Bank PTSB has announced that it extended its strategic agreement with Worldpay , a payment technology and solutions company, to offer merchant services to its commercial customers. In a bid to further support Irish Bank PTSB’s commercial customers, the bank expanded its agreement with Worldpay, allowing them to benefit from additional merchant services.

Coming as an addition to the bank’s existing suite of payment solutions, the current announcement enables customers to have access to new services from Worldpay, including ecommerce and ePOS. By utilising Worldpay’s ecommerce platform, businesses are set to be able to trade online globally, while the ePOS delivers an inclusive and integrated payment solution. In addition, the partnership enables Irish Bank PTSB to access Worldpay DCC, a Dynamic Currency Conversion service that allows cardholders to conduct payments in their preferred currency.

Also, to further support Irish businesses meet the increasing demand for optimised payment solutions, PTSB is set to use Worldpay to expand its merchant services offering. Officials from Irish Bank PTSB underlined that to achieve its commitment to improving its solutions and delivering optimised customer experiences, the bank needs to provide advanced merchant services solutions to both existing and new customers. By teaming up with Worldpay, the bank plans to offer new payment solutions that allow customers to expand their businesses and accept transactions across all channels.

Furthermore, representatives from Worldpay mentioned their company’s allegiance to assisting PTSB in scaling its commercial banking solutions. The firm is centring its efforts on simplifying how businesses manage their payments in-store, online, and over the phone. By forging this collaboration, the two organisations intend to provide payment solutions that meet the needs and requirements of customers conveniently and efficiently.

Previous news from Worldpay The partnership with Irish Bank PTSB follows Worldpay’s alliance with Markets.com in August 2024, in which the two companies focused on improving the trading experience by offering faster and more secure online transactions. Worldpay was set to apply its knowledge to support Markets.com’s trading activities, with the company previously integrating ACI Worldwide’s real-time payment technology to optimise its transaction processing capabilities across in-store, online, and mobile platforms to address the increasing demand for optimised payments. .