BT go head to head with WorldPay and Paypal

Thread Title:
BT sets up ePayments division
Thread Description:

BT is creating an online payments business, in a bid to better position the firm’s payment tools to compete with rivals such as WorldPay and Paypal.

Called “BT ePayments”, the new division will house the BT click&buy payment solution and BT Buynet card payment processing services, creating a single business unit within BT.

The story didnt make it clear if this would be a UK only thing or not, but the tone of the press release material seems to suggest that it's global.

Any of the UK guys know a bit more?