ACI Worldwide, a provider of real-time electronic payment and banking solutions, has announced the availability of UP eCommerce Payments solution for card acquirers and alternative payment providers.
Image: ACI Payment Systems, Waltham Massachusetts. Photo: courtesy of John Phelan.
With ACI’s eCommerce payments API, the card acquirers and alternative payment providers will have flexible options to connect to a global network of over 350 payment endpoints.
ACI Worldwide merchant solutions vice president Lynn Holland said: “The vision of ACI’s UP eCommerce Payments solution is to open up payment endpoints to all partners within our ecosystem – enabling universal connectivity.”
The UP eCommerce Payments solution will allow local card acquirers and alternative payment methods to integrate with ACI’s global network of payment endpoints.
ACI’s payments solution is said to provide advanced payments and integrated fraud prevention with a global connectivity to more than 350 card acquirers and alternative payment methods.
The RESTful open API will allow third-parties to incorporate with the network through certified self-integration, helping to reduce development costs and speed up time-to-market.
PagBrasil, an online payment processing service and gateway focused on the Brazilian market, is the first to pilot the self-integration approach.
PagBrasil co-founder Ralf Germer said: “Making our flexible services and wide range of Brazilian payment methods easily accessible to the payment providers and merchants that are already part of ACI’s extensive global payments network made sense.
“Domestic and international merchants looking to expand their business in the ever-growing Brazilian market can also easily access our Boleto Flash, featuring responsive technology and unique accelerated payment confirmation.”
Separately, global multinational bank Rabobank selected ACI Issuer solution to modernize the management of its card portfolio business.
The solution will enable Rabobank to quickly issue new payment products, including all card types and new tokenized payment products,
ACI Worldwide, the Universal Payments (UP) company, offers electronic payment services for more than 5,100 organizations across the globe.
The company supports more than 1,000 financial institutions and intermediaries, as well as multiple global merchants to execute $14 trillion in payments and securities each day.