Worldpay and East West Bank have entered into an agreement aimed at expanding payment options available to the bank’s commercial and business customers in the US.
The partnership enables East West Bank to refer clients to Worldpay for a range of payment processing services, including in-store and online solutions, smart terminals, and other digital payment tools.
Under the arrangement, East West Bank’s commercial customers will gain access to Worldpay’s technology designed to support various forms of commerce, from physical point-of-sale systems to ecommerce transactions. The collaboration is intended to improve payment capabilities for businesses operating across multiple channels, with the goal of improving operational efficiency and transaction management.
Expanding digital payment reach
Officials from Worldpay said the agreement combines the bank’s regional presence with Worldpay’s global payments infrastructure. According to representatives from the company, the partnership is expected to create new opportunities for businesses to adopt more advanced payment technologies and integrate smoother payment experiences across channels. They added that the initiative forms part of a general strategy to bring scalable payment systems to more small and medium-sized enterprises in the US market.
East West Bank officials noted that the partnership supports their efforts to strengthen digital services for clients and provide access to modern payment solutions backed by Worldpay’s expertise in transaction security and technology integration.
Worldpay processes more than 50 billion transactions annually across 174 countries and 135 currencies. According to the official press release, East West Bank, a subsidiary of East West Bancorp, manages over USD 78 billion in assets and operates more than 110 locations in the US and Asia.
