Woolworths, Brad Banducci, Paul Monnington

Woolworths is turning its payments platform, Wpay, into a standalone fintech every merchant can use

- June 2, 2021 2 MIN READ

Supermarket giant Woolworths is creating its own fintech startup by spinning out its payments business, Wpay, as a stand-alone venture offering end-to-end payment solutions to merchants outside the group. Woolworths is the nation’s fifth largest processor of card payments, worth more than $50 billion annually across more than 1.3 billion transactions. The move pushes Wpay… Read more »