CINCINNATI, June 21, 2018 — Vantiv, now Worldpay, Inc. (NYSE: WP), today announced they have been selected by Arvest Bank to provide its business clients with Worldpay’s full suite of payment solutions. The multi-year agreement makes Worldpay’s advanced solutions available to Arvest business clients throughout the south central United States. Security Bankcard Center, Inc., a wholly owned subsidiary of Arvest Bank, will deliver the new solution to merchants. Chartered in Fayetteville, Arkansas, Arvest Bank serves communities in Arkansas, Missouri, Oklahoma and Kansas, and is the largest bank in Arkansas in terms of market share.
“The best way to serve our communities is by offering them the best services on the market, and with Worldpay’s innovative product line, we can be sure we’re doing just that,” said Brook Durham, Senior Vice President at Security Bankcard Center. “Worldpay not only has the most advanced technology, but they back it up with valuable analytics and a platform that emphasizes security.”
Worldpay’s Merchant Services program provides Arvest business customers with the ability to accept a wide array of payment methods and types, from credit and debit cards in brick-and-mortar shops, to over-the-phone, online and mobile transactions. Arvest clients will also have access to Worldpay’s powerful web-based reporting tool, iQ. Within the iQ portal, businesses will find actionable insights that can drive new marketing strategies and help grow revenue.
“Worldpay is excited to help Arvest Bank expand their services with our industry-leading product set,” said Kelly Beatty, Senior Vice President of merchant solutions for financial institutions at Worldpay. “By adding our services and solutions to their merchant offering, Arvest will be even better equipped to deliver the personalized service they’re known for.”
When Vantiv and Worldpay combined in January 2018, it brought together Vantiv’s technological capabilities and Worldpay’s international reach. As the newly formed Worldpay, the company offers next-generation solutions and unique expertise to serve financial institutions’ growth potential. Worldpay provides merchant services at over 6,000 banking branches throughout the United States.
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global integrated omni-commerce. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.
Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.
Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc. trades on the New York Stock Exchange as “WP” and the London Stock Exchange as “WPY.”
Visit us at www.worldpay.com
For more information, please contact:
|Adam Kiefaber, Leader of Communications||Adam.Kiefaber@worldpay.com||(513) 900-5097|
|Ian Wissman, Corporate Communications||Ian.Wissman@worldpay.com||(513) 900-5897|