-

ACI Worldwide Drives Payments Innovation for PayPoint

  • PayPoint, the leading provider of innovative technology and payment services, to utilize ACI Acquiring to drive payments modernization of its business
  • ACI Acquiring is a secure and scalable solution available via the Public Cloud

MIAMI & LONDON--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with PayPoint, the leading provider of innovative technology and payment services, to drive modernization of its payments business. PayPoint, a long-standing customer, will utilize ACI Acquiring, a secure and scalable solution to deliver digital innovation and capabilities to accept both traditional and alternative payment methods.

PayPoint makes life easier for millions of consumers daily with online and in-store payments solutions serving numerous organizations, from SMEs and convenience retailer partners to local authorities, multinational service providers, and eCommerce brands. The company’s retail network of more than 28,000 convenience stores across the UK is bigger than all banks, supermarkets and Post Offices combined.

Against the backdrop of increasing demand for new digital payment methods and services, PayPoint is launching several innovative services such as “Counter Cash,” which allows customers to withdraw cash and/or check their bank balance safely and conveniently at a counter for free with no purchase necessary, from 1p to £50. ACI will enable PayPoint to grow its business and consolidate its technology while unlocking new payment capabilities.

“Responding to changing consumer demands and behaviors, we are planning to launch new, innovative digital payments services within the next couple of years. The combination of scalability and flexibility that ACI offers will not only support the growth of our business, but also ensure we’re future-proofing our payments environment,” said Igor Idrisov, Head of Online Payments and ATM, PayPoint. “Expanding our partnership with ACI will allow us to respond to both local and global payment trends and to expand our leadership position within our core verticals of operation.”

“We are delighted about the extension of our successful partnership with PayPoint,” said Ciaran Chu, Head of Acquiring, ACI Worldwide. “ACI’s acquiring solution enables PayPoint to adapt in this challenging and dynamic environment, and places the company to grow its market share, leveraging more of our device and channel-agnostic payment technologies as the needs of its customer base evolve.”

About ACI Worldwide
ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

© Copyright ACI Worldwide, Inc. 2021

ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

Contacts

Media
Dan Ring
dan.ring@aciworldwide.com
781-370-3600

Katrin Boettger
katrin.boettger@aciworldwide.com
781-370-3600

ACI Worldwide

NASDAQ:ACIW

Release Versions
Hashtags

Contacts

Media
Dan Ring
dan.ring@aciworldwide.com
781-370-3600

Katrin Boettger
katrin.boettger@aciworldwide.com
781-370-3600

More News From ACI Worldwide

Payments Modernisation: Gap Between Confidence and Readiness Among Industry Leaders Widens, ACI Worldwide Study Finds

OMAHA, Neb.--(BUSINESS WIRE)--Payments leaders remain confident about the pace of industry innovation, but many risk falling behind as expectations accelerate. New global research from ACI Worldwide (NASDAQ: ACIW) and Globant reveals a widening gap between confidence and readiness that could define industry leadership in 2026 and beyond. The report Payments in Transition: Leadership in an era of transformation, based on a survey of 500 industry leaders across North America, Europe, Latin Americ...

Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide

OMAHA, Neb.--(BUSINESS WIRE)--'Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions of global eCommerce businesses by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ‘Friendly fraud’ or ‘return fraud’ occurs when legitimate customers dispute transactions post-purchase. Often mistaken for true fraud, these disputes are a growing industry challenge and cost retailers $103 billi...

ACI Worldwide to Discuss Payments Modernization and Fraud Trends at Three Investor Conferences

OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in real-time payments software serving thousands of financial institutions and merchants worldwide, will participate in three major investor conferences where executives will discuss payment modernization trends, fraud management evolution, and digital transformation across the global payments ecosystem. Citi's 14th Annual FinTech Conference Tuesday, November 18 Stephens Annual Investment Conference Thursday, November 2...
Back to Newsroom