Worldpay 2016 Results: Problems with UK growth?
WorldPay, the UK’s largest merchant acquirer announced its 2016 results yesterday. Group revenue and profit across all its businesses (UK, US and ecom) was up 15% on 2015 which is great for shareholders. But what can we learn about WorldPay’s UK business and how management is growing it ? Are they adding value by new products and attracting more customers or are they just hiking prices ?