Santander has announced a shake-up for banking and corporate customers, which is set to benefit millions.
The high street bank announced this week a new partnership with Worldpay, which it describes as "a global leader in payments technology and solutions."
The link-up will enable Santander Business Banking and Corporate and Commercial Banking (CCB) customers to access Worldpay services.
Listen to Frances Haque, our Chief Economist, as she talks about the base rate change announced today. pic.twitter.com/qzAnbxiaen
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This includes best-in-class e-commerce capabilities and POS (point-of-sale) solutions. The pair say they have joined forces to provide better merchant services for customers, using advanced digital technology, according to BirminghamLive.
The partnership will offer Santander customers secure, scalable and efficient merchant payment solutions. Banking customers will be able to benefit from new sale, e-commerce and integrated payment needs.
Customers will also benefit from dedicated e-commerce and implementation consultants on hand to offer support and provide value added services to meet their needs, Santander has said.
Gerry Davies, Payments Commercial Director, Santander UK, said: “At Santander, we are committed to providing the best solutions to help our customers prosper.
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"Our new partnership with Worldpay will give our UK customers access to secure and innovative ways to be accept payments, alongside a suite of value added services to help improve efficiency and grow their business.”
Chris Wood, General Manager for SMB UK and Ireland at Worldpay added: “Worldpay and Santander have a shared mission to support the growth of the UK's vibrant SMB sector by facilitating their digital transformation and providing them with the tools and technology needed to meet evolving consumer expectations.
“This long-term agreement opens an important new distribution channel with one of the UK’s most preeminent banks to support more businesses with the tools they need to drive growth.”
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