Using our core capabilities for good
We are proud to be able to use our scale, infrastructure and capabilities to do good and to support initiatives and charities that support our local communities. We also commit our skills and time as business experts and as mentors through partnerships with a focus on enterprise to make the most impact.
The Prince’s Trust Enterprise Programme, United Kingdom
Our partnership with The Prince’s Trust is encouraging enterprise, and supporting young entrepreneurs by giving them access to our payments technology and mentoring to build their confidence. In November 2016, we supported The Prince’s Trust Enterprise Christmas Fayre which brought together young entrepreneurs who have been on The Trust’s enterprise programme and gave them a platform to sell their products as Christmas presents. To help the businesses, we offered payment terminals and technical support so that the young people could take card payments on the night.
Pennies, United Kingdom
Pennies, the digital charity box, brings small change donations to charity into the 21st century. It gives consumers the option to round up the cost of their shopping or meal, with the extra amount going to charity. We have partnered with Pennies since 2016, and since then consumers across the UK have donated almost £1.9m through our customers.
Enabling enterprise partnerships
Small and medium enterprises (SMEs) are the backbone of economies worldwide. We’ve created partnerships with charities and NGOs to share our business expertise, infrastructure and resources to support the next generation of small business owners. We are extending our range of enterprise partnerships, working with each of our offices around the world.
NUS Enterprise, Singapore
In 2017 we formed a new partnership with National University of Singapore Enterprise which provides educational opportunities to help talented young people develop an entrepreneurial and global mindset. Worldpay will be involved by mentoring the students, providing experts at FinTech events, judging hackathons and providing support for the university’s social enterprise challenge. Worldpay colleagues will also be mentoring on the Lean Launchpad programme, a 10-week business validation programme for start-ups and technology teams.
ATDC Georgia Tech's FinTech Programme, USA
In 2015 we partnered with Georgia Tech to develop a new financial technology (FinTech) programme to help start-up companies in the sector. Worldpay invested $1 million as part of a three-year commitment to help grow young technology companies in Atlanta, working with Georgia Tech’s technology business incubator, the Advanced Technology Development Centre (ATDC).
Companies taking part in the ATDC FinTech Programme get a wide range of benefits, including access to early customers, capital and campus resources. Senior Worldpay executives advise them on payments integration into their software and applications, as well as helping them develop effective go-to-market strategies.
A year after the launch ATDC is already working with 20 innovative start-ups – eight of which have already raised more than $16.8 million in funding. There have been some spectacular success stories and the Technology Association of Georgia named three of the companies as the top three FinTech start-ups in Georgia in 2016.
Processing charitable donations
Worldpay supports various charities by processing fundraising donations through our payment platforms free of charge. Our vast payment processing capacity allows for the high volumes needed to support major fundraising events.
We’ve been processing payments for Comic Relief for more than 10 years and were recently awarded Platinum Sponsor status in recognition of our support. Comic Relief aims to bring about positive and lasting change in the lives of poor and disadvantaged people, and supports charities around the world. The highlights of Comic Relief’s appeal are Red Nose Day and Sports Relief, two national televised events. In 2016, our High Capacity Gateway processed 216,134 transactions totalling over £6 million for the Comic Relief telethon. Volunteers in our Gateshead call centre helped to take payments while other colleagues across the country got into the spirit by raising £8,000 through various fundraising events.
“Worldpay has been a longstanding technology partner with Comic Relief and plays a key role helping us to deliver successful campaigns year on year. In addition Worldpay is a truly committed technology partner and works with Comic Relief year-round. They provide valuable support for our technical innovation initiatives, offer expertise in areas such as compliance and give us invaluable insight into the rapidly changing landscape of the payments industry.” Derek Gannon, CEO Comic Relief
Stand Up to Cancer
Worldpay has been supporting Stand Up to Cancer (SU2C) with free payment processing since it launched in 2012. Cancer Research’s annual fundraising campaign aims to bring forward the day when all cancers are cured. The national televised event sees celebrities hosting an evening of comedy and entertainment. In 2016 we processed around 50,000 donations on the night, amounting to nearly £1 million, as well as providing on-site technical support.