PYMNTS.com spoke to Shane Happach, Chief Commercial Officer, e-Commerce to learn a bit more about the company. Shane has been in the payments industry for almost eight years and recently joined WorldPay in London. WorldPay is a leading provider of electronic payment processing solutions operating in over 40 countries. They were one of the first to offer online payments for small and medium sized businesses and today offer more than 200 payment types. “The mission of the business is to provide its customers the means with which to grow profitably in their sales online”
We focus on “corporate merchants…we have a focus on six specific vertical markets: airline, travel, global retail, videogames, gambling and what we call digital content”, Shane said and added, that they were an established presence in the UK’s domestic sector.
When it comes to innovation, WorldPay have invested in non-card payments by acquiring Envoy Service in 2011 a leading provider of alternative payment solutions to eCommerce merchants worldwide. They follow both the market and their clients’ demands to try and stay as innovative as possible. Shane called World Pay “transaction agnostics”, adding that they do not favor any payment type and that they try to target the retailers’ needs for their specific product.
Talking about the future of payments in Europe Shane spoke about the importance of SEPA and the potential for innovation it can create. To listen to Shane speak on the future of payments in Europe and WorldPay’s payment innovations, check out the podcast below.
Shane joined WorldPay in December as Chief Commercial Officer with overall responsibility for Global Business Development, Account Management, Product Development and Marketing. Shane has over 12 years of experience in financial services in payments, treasury, M&A and foreign exchange. He has held diverse sales and management roles on 3 continents. Prior to joining WorldPay his most recent assignment was to launch and develop the LatAm market from a hub in Argentina for GlobalCollect. He has a degree in Finance from Miami University and an MBA in International Business from the International University of Geneva.