Why Did Banco Santander (SAN) Plunge 3.45% After Worldpay Partnership?

On June 23, 2025, Banco Santander's stock experienced a 3.45% drop in pre-market trading.

Banco Santander has recently expanded its services to enterprise clients by partnering with Worldpay. This collaboration allows the bank's commercial, trade, and enterprise customers to access Worldpay's services, including e-commerce functionalities and point-of-sale solutions. The partnership aims to provide secure and innovative payment methods, along with a suite of value-added services to enhance efficiency and business growth for Santander's UK clients.

The bank's enterprise clients will benefit from a range of solutions tailored to meet all point-of-sale, e-commerce, and integrated payment needs. Additionally, they will have access to specialized e-commerce and implementation advisory services. This strategic move is part of Santander's commitment to supporting the digital transformation of small and medium-sized businesses (SMBs) in the UK, providing them with the tools and technology needed to meet evolving consumer expectations.