Bankout. Seamless transactions across countries TREASURY SERVICES

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1 Bankout Seamless transactions across countries TREASURY SERVICES

2 Why choose Worldpay? We understand the complexities and challenges within the global market We focus on customers needs We have global and local payments expertise What is Bankout? Bankout utilises Worldpay s network of global banks to make global payments simple, transparent and inexpensive. Bankout allows seamless cross-border payments, without the expense of making an international bank payment. It is an ideal solution if you have a need to make a large number of global payments to, or on behalf of, your customers and suppliers. Our customers include marketplaces and money remitters across all our key verticals, such as Travel, Retail, Gambling, Digital Content, and Airlines. 2 3

3 Global, simple and cost-effective Key benefits Bankout is the most convenient and efficient payment service for low-cost worldwide money transfers. It is a trusted and reliable payment transfer service, without the bank fees. Domestic access Worldpay has local presence across the globe, allowing you to benefit from more efficient and cost-effective payments. Value for money Because Worldpay has a local presence worldwide, Bankout is an economical way to make domestic payments. Bankout gives us the ability to reduce the fees involved with international money transfers, thereby saving your business more money. Transparency Worldpay is transparent when managing all payments. We will be clear what the fees are from the start, so there are no surprises at any point. Intelligent routing We make complex payments simple for you, providing an easy payments solution so you can focus on your business. End-to-end solution Funds that have been received into Worldpay from Acquiring and APM services can be used to make Bankout payments. This increases the speed at which funds are available to you to make payments to your customers and suppliers and helps to manage cash flow. 4 5

4 How it works Bankout can be used in any marketplace that requires multiple payments across different currencies. In this case, we ve used a fictional taxi company, WorldCabs, to demonstrate how Bankout seamlessly links all transactions between WorldCabs, its drivers and the consumers. We provide reliable, seamless and efficient low-cost global bank transfers, enabling your business to grow. Step 1 Consumer orders a taxi using the WorldCabs app, anywhere in the world, with any currency. Step 2 The consumer enjoys the service and payment leaves their account at the end of the journey. The payment enters into WorldCabs virtual Worldpay bank account. $ $ Step 3 WorldCabs system instructs Worldpay how to split the payment between the drivers, specifying the currency and amount. Step 4 Worldpay splits and settles the payments out as instructed into the driver accounts. 6 7

5 Contact Worldpay Please visit worldpay.com/uk/corporate/online-solutions/bankout for more information. Worldpay 2017 All rights reserved. This document and its content are proprietary to Worldpay and may not be reproduced, published or resold. The information is provided on an AS IS basis for information purposes only and Worldpay makes no warranties of any kind including in relation to the content or sustainability. Terms and Conditions apply to all our services. Worldpay (UK) Limited (Company No / FCA No ), Worldpay Limited (Company No / FCA No ), Worldpay AP Limited (Company No / FCA No ). Registered Office: The Walbrook Building, 25 Walbrook, London, EC4N 8AF and authorised by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. Worldpay (UK) Limited is authorised and regulated by the Financial Conduct Authority for consumer credit activities. Worldpay, the logo and any associated brand names are all trademarks of the Worldpay group of companies.