Worldpay is a payments company providing online, in store and omnichannel payment acceptance, fraud prevention, authentication, dispute management, payouts, card issuing and currency services to small and medium businesses, enterprises, software platforms and marketplaces. Its industry practices include gaming, alongside crypto, digital content, financial services, retail, restaurants and travel. For gaming operators it provides payment processing, global acquiring with currency conversion, AI driven routing and credential management through Worldpay Optimize, dynamic routing and payouts to nominated accounts, including Mastercard MoneySend. The company says it works with more than 200 gaming operators and can process up to 1,200 transactions per second, and that it processes $2.3 trillion a year for enterprise clients. Its company information page now directs to Global Payments.
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Attorney General James Uthmeier has gone after the operators and the payment rails in the same action, naming Worldpay, Trustly, Praxis and Breeze Labs alongside Stake and VGW. Suing the processors is the part the rest of the industry should be reading.