Standard Chartered-FIS’ Worldpay to boost Straight2Bank Pay reach

This hopes to ramp up the bank’s functionalities to cater for businesses in Asia and other markets.

Standard Chartered and Worldpay from FIS have recently formed a strategic partnership aimed at broadening the market reach of Straight2Bank Pay. 

This enables the expansion of Straight2Bank Pay's presence across Asia, and facilitates entry into new markets in Europe, the Middle East, the UK, and the US.

As a result, more merchants will be supported in offering seamless payment experiences to their consumers, Standard Chartered and Worldpay from FIS said in a press release.

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Other than global expansion plans, the collaboration also aims to introduce new functionalities in the bank’s all-in-one digital collections gateway for businesses.

With the partnership, businesses can now collect funds from a broader spectrum of payment methods, including cards and alternative options such as e-wallets and bank transfers.