HONG KONG, SINGAPORE and SYDNEY, February 11,
2018 /PRNewswire/ --
Market-leading drone manufacturer
DJI selects Worldpay for online payments
Worldpay Inc., a global leader in payments, has partnered with
the world's leading drone manufacturer DJI, to help the company
expand its eCommerce platform to reach more customers around the
world.
The global drone market is expected to be worth more than
$11.2 billion by 2020[1]
and adoption is growing at a rapid pace. With growing consumer
interest across Europe and in
countries like Australia and
Japan, DJI has selected Worldpay
as its eCommerce partner. Worldpay's local card payment
capabilities and proven track record for boosting online sales will
assist DJI to connect with customers in different parts of the
world, making its products more accessible for creators,
travellers, photographers and those using drone technology for
their work.
Christina Zhang, Treasurer at DJI
said, "The global drone market has exploded in recent years, with
consumers finding creative ways to use the technology and bringing
new perspectives to their everyday life. This is a very exciting
time for the industry. As our technology becomes easier to use,
with expanded industry applications, we want to make our drones
more accessible to people around the world, whether for work or
play. In the near future, we hope to reach more new customers in
Europe and Asia Pacific, and create a more seamless and
secure experience for our online customers with Worldpay's payment
solution support."
In addition to existing card processing services and coverage,
Worldpay also supports a range of alternative payment methods, such
as iDEAL in the Netherlands and
SOFORT in Germany, allowing
merchants to accept more payments via local consumers' preferred
methods.
The drone manufacturer has also benefitted from Worldpay's
anti-fraud expertise. Due to the high average ticket value of its
products, DJI holds a high standard when choosing fraud detection
and protection tools. DJI is using Worldpay's fraud protection tool
'Risk Guardian' to enhance protection for its customers and provide
the best possible online shopping experience. Since implementing
Worldpay's fraud solution, DJI has seen its fraud to sales ratio
drop, all while increasing their overall payment acceptance
rates.
Phil Pomford, General Manager for Asia-Pac, at Worldpay, Inc.
said: "Combatting online fraudsters is a primary concern for
electronics manufacturers, especially when it comes to cutting-edge
technologies like drones. The challenge for growing businesses lies
in balancing high-volume sales with the ability to guarantee
shoppers a safe and reliable service. Worldpay has helped thousands
of companies around the world to achieve this balance, and DJI's
improvements to date prove how crucial a strategic fraud approach
is to an organisation's successful expansion."
1. Gartner Says Almost 3 Million Personal and Commercial Drones
Will Be Shipped in 2017
[https://www.gartner.com/newsroom/id/3602317 ]
About Worldpay, Inc.
Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments
provider with unique capability to power global integrated
omni-commerce, any payment, anywhere. With industry-leading scale
and an unmatched integrated technology platform, Worldpay offers
clients a comprehensive suite of products and services globally,
delivered through a single provider.
Annually, Worldpay processes over 40 billion transactions
through more than 300 payment types across 146 countries and 126
currencies. The company's growth strategy includes expanding into
high-growth markets, verticals and customer segments, including
global eCommerce, Integrated Payments and B2B.
Worldpay, Inc. was formed in 2018 through the combination of the
No. 1 merchant acquirers in the U.S. and the U.K., Vantiv, Inc. and
Worldpay Group plc. Worldpay, Inc. trades on the NYSE as "WP" and
the London Stock Exchange as "WPY."
Visit us at http://www.worldpay.com/global
About DJI
http://www.dji.com