The agreement between Worldpay and East West Bank is designed to enhance payment options for the bank’s commercial and business customers in the United States.

This partnership allows East West Bank to recommend its clients to Worldpay for a variety of payment processing services, such as in-store and online solutions, smart terminals, and digital payment tools.

Through this arrangement, East West Bank’s commercial customers will have access to Worldpay’s technology supporting different types of commerce, including physical point-of-sale systems and eCommerce transactions. The collaboration aims to improve payment capabilities for businesses operating across multiple channels with a view to enhancing operational efficiency and transaction management.

Boosting digital payment coverage

Worldpay officials stated that the agreement merges East West Bank’s regional presence with Worldpay’s global payments infrastructure, opening up new opportunities for businesses. They anticipate this partnership will facilitate the adoption of advanced payment technologies by small and medium-sized enterprises in the US market.

East West Bank highlighted that the collaboration aligns with their goal to strengthen digital services for clients and provide access to modern payment solutions offered through Worldpay’s expertise in transaction security and technology integration.

Worldpay processes over 50 billion transactions annually across 174 countries and 135 currencies. East West Bank, a subsidiary of East West Bancorp, manages assets exceeding USD 78 billion and operates more than 110 locations in the US and Asia.