RBS WorldPay, a US-based payment processing division of the Royal Bank of Scotland Group, has been awarded a multi-year contract by the Internal Revenue Service (IRS) to provide electronic payment solutions for individual and business taxes in the US.
Reportedly, RBS WorldPay, in partnership with Value Payment Systems, a provider of electronic payment products and services, will begin processing tax payments from January 1, 2010. Through the RBS WorldPay tax payment services, taxpayers will be able to make payments to the IRS with various credit cards, debit cards and payment methods.
Ian Stuttard, president and CEO of RBS WorldPay, said: “Consumers and businesses alike are now able to pay their taxes and fees online via their credit or debit card. By partnering with Value Payment Systems, we were able to combine their management team’s extensive experience in handling government payments, in particular with the IRS, with our secure processing platform.”
