Economic Audit: Worldpay

Audit Phase: Economic Subject Entity: Worldpay (Worldpay, LLC / Worldpay (UK) Limited) - a commerce solutions business of Global Payments Inc. (NYSE: GPN) following completion of the Global Payments acquisition on 12 January 2026 Registered Parent Address: Global Payments Inc., 3550 Lenox Road NE, Atlanta, Georgia 30326, USA Audit Date: June 2026 Evidence Base: Published corporate disclosures, regulatory and court records, NGO research, trade and technology press, technology-detection datasets, and primary developer documentation. Every factual claim carries an inline reference marker; source URLs are listed in the End Notes.

Supply Chain & Sourcing Relationships

Direct Agricultural / Goods Supplier Relationships

Worldpay is a payment-processing and commerce-technology business, not a retailer, grocer, importer, or trader of physical goods. No public evidence identified of Worldpay sourcing, purchasing, or importing agricultural products or any physical goods from Israeli suppliers, including the produce exporters typically named in settlement-sourcing research. The company’s economically relevant supplier relationships are upstream technology and software vendors rather than goods sourcing.

Israeli Technology Vendor Relationships

Worldpay maintains documented commercial integrations with several Israeli-founded technology firms whose core research and development is located in Israel:

Forter Ltd. - Worldpay and Forter publicly partnered to deliver “Fraud Freedom,” a fraud-prevention and chargeback-indemnification service marketed to cryptocurrency brokers and exchanges.¹² Forter’s developer documentation describes a live Worldpay payment-webhook integration, instructing merchants to register a Forter webhook endpoint within the Worldpay merchant-administration interface.³ Forter was founded in 2013 by Michael Reitblat, Liron Damri, and Alon Shemesh; it maintains a dual Tel Aviv / New York headquarters, with Tel Aviv described as the hub of its research, development, and engineering.⁴⁵
Fireblocks Inc. - Worldpay is a documented Fireblocks network/infrastructure partner for digital-asset and stablecoin settlement; Worldpay joined Fireblocks’ Payments Engine as a pilot/network partner, and Fireblocks publishes a Worldpay customer story describing orchestration and settlement of stablecoin payments across blockchains via Fireblocks infrastructure.⁶⁷⁸ Fireblocks was founded in 2018 by Michael Shaulov, Idan Ofrat, and Pavel Berengoltz, founded in Tel Aviv with operations described across Tel Aviv and New York.⁹
BVNK / Circle (USDC) stablecoin payouts - In a 27 May 2025 announcement, Worldpay said it would enable stablecoin payouts using Circle’s USDC, with infrastructure provider BVNK enabling the offering and Fireblocks’ integration services facilitating the connection to Worldpay.¹⁰¹¹ This places Israeli-founded Fireblocks within the technical stack of a named Worldpay product initiative. BVNK and Circle are not Israeli companies; no Israeli exposure arises from those two parties.
Riskified Ltd. - Riskified, a Tel Aviv-headquartered fraud-prevention firm (NYSE: RSKD) founded in 2012 by Eido Gal and Assaf Feldman, publishes a partner network but no primary bilateral Worldpay–Riskified joint announcement naming Worldpay as a partner was identified in reviewed sources.¹² No public evidence identified of a confirmed direct Worldpay–Riskified contractual integration.
ThetaRay - ThetaRay, an Israeli anti-money-laundering AI firm, operates a partner program, but no primary source naming Worldpay (or Global Payments) as a ThetaRay customer or partner was identified.¹³ No public evidence identified of a Worldpay–ThetaRay relationship.

Importer of Record Structure

No public evidence identified. Worldpay does not operate as an importer of goods and maintains no documented import-entity structure.

Seasonal Sourcing Patterns

No public evidence identified. Not applicable to a payments business.

Product Origin, Labeling & Regulatory Compliance

Settlement-Origin Products

No public evidence identified that Worldpay itself sells, imports, labels, manufactures, brands, or distributes physical goods of any origin, including goods from Israeli settlements.

Downstream Merchant Settlement Exposure

Worldpay provides payment infrastructure to merchants who may sell settlement-origin goods, but the evidence here is indirect and derived from technology-detection data rather than contractual confirmation. A third-party technology-intelligence dataset (StoreLeads) reports that Worldpay technology was installed on 12 e-commerce stores in Israel, with the highest-ranked named stores being amcor.co.il, ninelife.co.il, milk-man.co.il, ninthavenue.co.il, and toyscentral.co.il.¹⁴ None of the named stores in that dataset is identified as a settlement-origin goods seller in reviewed sources. No primary source was identified confirming Worldpay as the payment processor for any named settlement winery (e.g., Psagot or Barkan) or their distributors; settlement wineries such as Psagot are documented as located in occupied-territory industrial zones and distributed via third-party online retailers, but a Worldpay processing link to them is not established in any reviewed source.¹⁵¹⁶

Labeling Compliance

No public evidence identified of any DEFRA, EU, or US customs country-of-origin labeling enforcement action against Worldpay. As a payments-infrastructure provider, Worldpay is not subject to goods country-of-origin labeling regulation in any reviewed public record.

Corporate Policy on Occupied-Territory Goods

No public evidence identified of a disclosed Worldpay or Global Payments policy addressing sourcing, processing, or labeling of goods originating in occupied territories.

Investment, Capital & Financial Exposure

Foreign Direct Investment in Israel

Global Payments, Worldpay’s parent, has documented direct investment in Israel. Global Payments acquired Como - a Tel Aviv-headquartered customer-engagement and loyalty SaaS company - in a transaction recorded as completing on 1 May 2024.¹⁷¹⁸ Global Payments also operates an engineering and research-and-development office in Rehovot, Israel, which was advertising active software, cloud, and QA engineering roles on the Global Payments careers portal as of the review date.¹⁹²⁰ These represent direct corporate investment and operational capital deployed into Israel at the parent level.

R&D and Innovation Facilities

The Rehovot, Israel engineering centre constitutes a documented research-and-development presence within Global Payments’ technology organisation.¹⁹²⁰ In addition, several of Worldpay’s named technology partners (Forter, Fireblocks) conduct their core R&D in Israel.⁴⁹

Parent and Beneficial Ownership

Worldpay’s origins trace to Streamline, a 1990s UK payment processor, subsequently part of NatWest and Royal Bank of Scotland, spun off as Worldpay Group plc (LSE), acquired by Vantiv (2018), then FIS (2019), majority-acquired by private-equity firm GTCR in July 2023, and acquired by Global Payments Inc. on 12 January 2026.²¹²²²³²⁴ In the closing transaction, Global Payments acquired Worldpay for $24.25 billion of cash and stock; GTCR received newly issued shares leaving it with approximately 15% of Global Payments’ equity capitalisation, and FIS simultaneously sold its remaining minority Worldpay stake to Global Payments while acquiring Global Payments’ Issuer Solutions (TSYS) business.²²²³²⁴ No Israeli-domiciled parent, controlling shareholder, or beneficial owner of Worldpay or Global Payments was identified.

Portfolio and Treasury Exposure

No public evidence identified of Worldpay, Global Payments, GTCR, or FIS holding Israeli sovereign bonds, Israel-focused investment funds, or Israeli government securities as disclosed portfolio or treasury assets.

Operational Presence & Market Activity

Physical and Operational Footprint

Rehovot, Israel engineering centre: Global Payments maintains an active engineering and R&D office in Rehovot, with multiple open technical roles (cloud, software, automation QA) advertised on its careers portal as of the review date.¹⁹²⁰
Como (Tel Aviv): Global Payments’ acquired Como business is headquartered in Tel Aviv.¹⁷¹⁸
Active ILS settlement capability: Worldpay’s developer documentation explicitly documents Israel (ILS) domestic payouts, specifying a 23-character beneficiary IBAN, a required SWIFT/BIC, an 11:00 (UK time) cut-off, and earliest beneficiary credit at T+1.²⁵²⁶ This evidences a functional capability to clear and settle payments in Israeli new shekels; the documentation does not name the Israeli correspondent bank or clearing mechanism.
No public evidence identified of Worldpay operating retail locations, sales offices, warehouses, or data centres within the occupied West Bank, East Jerusalem, the Golan Heights, or Gaza.

Merchant and Market Activity in Israel

A third-party technology-detection dataset (StoreLeads) reports Worldpay technology installed on 12 Israeli e-commerce stores as of the review date, indicating an active, if small, Israeli merchant base.¹⁴ This is observable script-detection data, not a registry of merchant contracts.

Regulatory and Enforcement Record Involving Israel-Linked Activity

In a judgment reported in 2026, the Paris Criminal Court convicted Worldpay of complicity in the illegal provision of payment services, fining the company €200,000 (two penalties of €100,000), after finding it had inadequately verified a client (a Dutch entity, Seroph) connected to fraudulent online foreign-exchange investment schemes that operated between 2011 and 2014; investor losses were estimated at €35 million and roughly €16.82 million was transferred through Worldpay, with the principal fraudsters located in France and Israel sentenced separately.²⁷²⁸ Separately, French authorities had earlier sanctioned Worldpay (a €1 million penalty reported in 2016) in connection with processing payments for a group of unregulated FX brokerages run by Israeli operators that defrauded French investors.²⁹ No public evidence identified that these enforcement matters involved Israeli state entities; they concern private Israel-based fraud operators.

Market Positioning

No public evidence identified of Worldpay or Global Payments characterising the Israeli market as a “strategic growth market,” “regional hub,” or any other special designation in annual reports, investor presentations, or press releases. Israel is not broken out as a named geographic reporting segment in reviewed Global Payments filings.

Corporate Structure & Foundational Ties

Founding and Incorporation History

Worldpay was not founded in Israel. Its lineage runs from the UK payments business Streamline through NatWest, RBS, Worldpay Group plc (LSE), Vantiv, FIS, GTCR, and finally Global Payments Inc.²¹²²²⁴ No Israeli founding, incorporation, technology, or brand origin forms any part of Worldpay’s developmental history.

Headquarters and Legal Domicile

Worldpay operates from London (UK) and Cincinnati, Ohio (US legacy) hubs; following the January 2026 transaction it is a commerce-solutions business of Global Payments Inc., which is incorporated and headquartered in Atlanta, Georgia, USA.²²²³ No dual or legacy Israeli headquarters or Israeli incorporation of the Worldpay brand entity was identified.

State and Institutional Linkages

No public evidence identified of any Israeli state ownership stake, Israeli government board appointees, Israeli government contracts, or Israeli critical-national-infrastructure designation for Worldpay or Global Payments. The Israeli operations identified (the Rehovot engineering centre and the acquired Como business) are commercial, privately held corporate assets, not state-linked entities.¹⁷¹⁹

Structural Governance Features

No public evidence identified of golden shares, founder shares, charter restrictions, government-consent provisions, or other governance mechanisms tying Worldpay’s board, ownership, or operational decisions to the Israeli state or any Israeli public institution.

Activist and BDS Landscape

No Worldpay-specific or Global Payments-specific BDS divestment campaign action by a recognised BDS coalition was identified in reviewed primary movement sources.³⁰ BDS and ethical-consumer boycott materials reviewed focus on other corporate categories and do not name Worldpay. This reflects an absence of evidence in reviewed materials and is not a definitive clearance.

Profit Repatriation & Economic Contribution

Revenue Attribution

No public evidence identified of Worldpay or Global Payments disclosing a revenue figure specifically attributed to Israel as a named geographic market. Global Payments reports revenue in broad geographic groupings; Israel is not broken out as a named sub-segment in any reviewed filing.²² The Israeli market’s financial materiality to Worldpay cannot be quantified from public disclosures.

Profit Flow Structure

Worldpay’s profits accrue to its US-domiciled parent, Global Payments Inc. (Atlanta), with a portion of distributions from the merged entity flowing to minority shareholder GTCR, a US-based private-equity firm holding approximately 15% of Global Payments’ equity.²²²³ Israeli operational assets - the Rehovot engineering centre and the Como business - to the extent they generate income, would remit profits upward to the US-domiciled parent, representing an outward (Israel-to-US) flow rather than an inward capital contribution to Israeli state or private owners at the corporate level.¹⁷¹⁹ No Israeli-domiciled parent or beneficial owner receiving Worldpay’s profits was identified.

Economic Ecosystem Role

No public evidence identified of any Israeli government designation, industry report, or academic assessment characterising Worldpay or Global Payments as a key employer, sector anchor, critical-infrastructure provider, or strategically significant company within the Israeli domestic economy. The Rehovot engineering centre, the Como acquisition, and the active Israeli technical job listings are consistent with the parent being an active participant in Israel’s fintech labour market and technology sector, but no formal economic-significance designation was identified.¹⁷¹⁹²⁰

Tax Contribution

The Rehovot engineering operation and the acquired Como entity, as activities conducted in Israel, would fall within Israeli corporate-tax jurisdiction; however, no Israeli tax-authority disclosure or corporate filing quantifying Worldpay’s or Global Payments’ Israeli tax contributions was identified. The quantum of any such tax payments is not publicly disclosed.