WorldPay eCommerce transaction volume grows 45%

The eCommerce division of WorldPay has announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013, over 257 million gateway transactions were processed.  Online transactions reached a record rate of 320 transactions per second.

Alternative payment transactions were a strong driver of growth, with the value of payments processed increasing by 46% in the first half of 2013 compared to the same period in 2012. The business is confident that it can deliver 20% growth in 2013, with Alternative Payments growing the fastest.

“The growth that we have seen in the first half of 2013 is testament to the business commitment to product development and sector-specific relationship management. We have signed significant partnerships which further strengthen our end-to-end services, and the new customer wins in 2013 demonstrate the recognition and demand among global merchants for our international reach through over 200 alternative payment types, industry expertise and data insights. The second half of 2013 looks set to be even more successful,” comments Floris de Kort, CEO, eCommerce division WorldPay.