Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering
PTSB, a full-service bank headquartered in Dublin, Ireland, has expanded its relationship with merchant acquirer Worldpay to extend a suite of additional merchant services to its commercial customers.
PTSB extends partnership with Worldpay
The pair first partnered together in July 2021, when PTSB tapped Worldpay’s then majority stakeholder FIS to access its payments solutions. FIS later sold its stake in the Worldpay business to US-based private equity firm GTCR for $11.7 billion last year.
The expanded partnership will provide PTSB with access to additional Worldpay solutions, including its e-commerce platform for global business trading, Worldpay Dynamic Currency Conversion (DCC), and the company’s POS and integrated payment solution Worldpay ePOS.
Speaking on the deal, Jeff Harbourne, PTSB’s head of personal banking, says the partnership will enable the bank to deliver new solutions to existing and new customers that enable them to “grow their businesses and accept payments across all channels”.
PTSB currently supports a range of business banking services, including deposit and current accounts, mortgages, term loans and asset finance, as well as the POS terminals, online payment solutions and virtual terminals already provided through the Worldpay partnership.
In total, the bank counts 1.3 million customers throughout Ireland.
