Standard Chartered and Worldpay from FIS accelerate expansion of Straight2Bank Pay

By Leandra Monteiro

Standard Chartered and Worldpay from FIS®, have announced a strategic partnership to expand the market coverage and enable new capabilities on, Straight2Bank Pay, the Bank’s one-stop digital collections gateway for merchants.

This global partnership is a testament to Standard Chartered’s continued investment in its cash management solutions via innovation and partnerships to deliver value-added solutions to meet its clients’ digital aspirations.

The collaboration leverages the strengths of both organisations to deliver a comprehensive suite of digital collections solutions that cater to the evolving needs of businesses, enabling them to collect funds from a wider range of payment methods including cards and alternative payment methods. It also allows Straight2Bank Pay to further grow its footprint across Asia, as well as enter into new markets across Europe, Middle East, UK and the US, and support more merchants in facilitating seamless payments experiences for their consumers.

“We are thrilled to partner with global banking leader, Standard Chartered, to deliver our advanced acquiring solutions and set the standard for smarter, frictionless payments across the globe. Standard Chartered will take advantage of the global reach of Worldpay from FIS and its ability to provide speed and convenience for merchants to accept the preferred payment methods from their customers. Together, we can drive new growth opportunities and fuel smarter commerce for merchants on Straight2Bank Pay regardless of geography,” said Phil Pomford, General Manager for Global eCommerce, APAC, Worldpay from FIS.

Philip Panaino, Global Head of Cash, Transaction Banking, Standard Chartered said, “Straight2Bank Pay allows clients to offer their customers more digital payment options without the need for multiple integrations and managing different collection accounts, and we’re delighted that our strategic partnership with Worldpay can further our reach to even more markets across the Bank’s footprint, as well as provide an expanded range of payment capabilities. With a common vision to simplify the payment experience for businesses, we look forward to supporting more businesses on their digital payments journey, so that they in turn can meet their customers’ needs in a more seamless, efficient, and secure way.”