Worldpay, the UK-based payment processing firm, has teamed up with IndusInd Bank to offer domestic acquiring services in India.
The partnership will aid both the companies in processing customers’ payments and marks as the first step for Worldpay to foray into the Indian market.
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Worldpay deputy chairman Ron Kalifa said: "By continually expanding, we can offer our customers the ability to take payments in 120 currencies across the world, simplifying global acquiring."
IndusInd Bank head of transaction banking Ramesh Ganesan said: "We are confident that the association will help both organisations to contribute to the growth of the ever growing Indian eCommerce industry.
"This partnership will allow each company to benefit from the other’s respective expertise in domestic and international payments thereby helping in promoting online payment services in India."
Worldpay already provides local acquiring across 45 countries. Its global acquiring services will allow merchants to improve the visibility of payment acceptance value chain by managing their local and international payments centrally.
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By GlobalDataAlso, British Airways has recently moved its acquiring in India to Worldpay.
