Microsoft Expands Payments Relationship with Worldpay from FIS Globally
October 26 2021 - 8:00AM
Business Wire
Key facts
- Microsoft has expanded its long-standing relationship with
Worldpay from FIS in Latin America to process payments in the
Americas, Europe and Asia Pacific, creating a global
partnership.
- Worldpay will provide online credit and debit card processing
for the technology company across Microsoft’s online store fronts,
including Xbox, Microsoft Advertising, Microsoft Azure and
more.
- In addition to providing payments services to Microsoft, FIS
also has an existing relationship using Microsoft Azure to deliver
strategic cloud services.
The world’s leading technology company, Microsoft, has expanded
its global payments relationship with Worldpay from FIS® (NYSE:
FIS). Worldpay will provide online credit and debit card processing
for Microsoft online store fronts including, Xbox, Microsoft
Advertising, Microsoft Azure and other Microsoft brands in the
Americas, Europe and Asia Pacific.
Microsoft has been working with Worldpay in Latin America since
2014, and the expanded relationship will see Worldpay process
online payments for the company globally. In addition to payment
processing, Microsoft will make use of value-added services from
Worldpay including Account Updater, which is meant to automatically
ensure subscriber-based payment card credentials are always up to
date for a seamless customer experience, as well as solutions
designed to enhance authorization rates and tokenized security.
“At Microsoft, we’re constantly seeking to deliver reliable,
seamless payments experiences to our customers, whether they are
buying a new game on Xbox or renewing a Microsoft 365 subscription,
which is why we are expanding our relationship with Worldpay from
FIS,” said Trevor Nies, General Manager of Global Payments &
Risk at Microsoft. “Worldpay is a leader in payments, and their
global reach allows for a single point of integration which should
help streamline managing our worldwide portfolio.”
In addition to providing payments services to Microsoft, FIS
also has an existing relationship with Microsoft using their cloud
computing service Azure to deliver strategic cloud services. FIS is
currently running in 33 Azure regions across the globe delivering
solutions with agility and scale. The partnership with Microsoft
allows FIS to deliver unparalleled value to its customers
regardless of their geography.
“Working with Microsoft to deliver our advanced solutions allows
us the opportunity to set the standard for smarter, frictionless
payments across the globe,” said Jim Johnson, Head of Merchant
Solutions at FIS. “The fact that Microsoft has chosen to expand its
relationship with Worldpay from FIS is a further proof point that
FIS is a global leader in innovative payment solutions.”
About FIS
FIS is a leading provider of technology solutions for merchants,
banks and capital markets firms globally. Our employees are
dedicated to advancing the way the world pays, banks and invests by
applying our scale, deep expertise and data-driven insights. We
help our clients use technology in innovative ways to solve
business-critical challenges and deliver superior experiences for
their customers. Headquartered in Jacksonville, Florida, FIS ranks
#241 on the 2021 Fortune 500 and is a member of Standard &
Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow
FIS on Facebook, LinkedIn and Twitter (@FISGlobal).
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version on businesswire.com: https://www.businesswire.com/news/home/20211026005071/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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