FIS
Financial technology leader FIS® (NYSE: FIS) is continuing to broaden its global merchant services footprint, announcing today that its Worldpay from FIS merchant solutions are now available in the rapidly growing market of South Korea.
Worldpay from FIS has partnered with Seoul-based TossPayments, a Korean merchant services platform which allows merchants to accept payments online and manage their business finances on a single platform, to offer access to domestic credit/debit card and APM acquiring services in South Korea.
Through this partnership, Worldpay from FIS will deliver world-class payment services to global merchants looking to expand into South Korea. The expansion into South Korea is part of the company’s strategic plan to enhance its merchant acquiring presence in additional markets and expand its global capability. This comes on the back of FIS securing a domestic acquiring license in Malaysia and providing access to domestic payment processing services via partners in South Africa and Nigeria. Through the Worldpay product portfolio, the company processes over $2 trillion in transactions annually across more than 100 countries in numerous payment types and currencies.