ACI Worldwide Unveils New Cloud-Based, Omni-Channel Payments Capabilities for Merchants

ACI launches new capabilities for merchants—a trusted and secure
payments environment designed for in-store digital convergence

NAPLES, Fla.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/ACI?src=hash” target=”_blank”gt;#ACIlt;/agt;–ACI
Worldwide
(NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions
, today announced new
cloud-based, omni-channel in-store payments capabilities within its UP
Merchant Payments solution
. ACI’s award-winning UP Merchant
Payments now delivers greater control, flexibility and security for
merchants as they move more services to the cloud.

The broadened UP Merchant
Payments
solution is the result of ACI’s acquisition of technology
assets from providers RevChip and TranSend, a team of expert developers
focused on next-generation terminal payment applications and management
platforms. These new capabilities accelerate ACI’s vision of delivering
merchants a next-generation, mobile-first digital
payment
experience in-store.

True omni-channel payments require strong integration between
point-of-sale (POS) applications, payments software and payment
terminals. ACI’s UP Merchant Payments solution now makes it even easier
to integrate these critical systems, enabling a secure, frictionless
consumer experience while reducing IT footprint and complexity in the
store.

“The move to the cloud provides merchants with challenges as well as
opportunities. In order to reap those opportunities, merchants require a
technology platform that delivers agnostic control, scalability and
security as well as integrated payments and fraud capabilities,” said
Sanjay Gupta, executive vice president, ACI Worldwide. “The powerful
technology assets we are announcing today allow ACI to deliver merchants
an unmatched next-generation in-store digital payment experience. We are
excited to welcome the RevChip and TranSend teams, who we already enjoy
a successful partnership with, into the ACI family to drive further
success.”

The financial details of the RevChip and TranSend asset acquisition were
not disclosed; the acquisition is not expected to be financially
material to ACI in 2019.

About ACI Worldwide
ACI Worldwide, the Universal
Payments
 (UP) company, powers electronic
payments
 for more than 5,100 organizations around the world. More
than 1,000 of the largest financial institutions and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic
bill presentment and payment
 services. Through our comprehensive
suite of software solutions delivered on customers’ premises or through
ACI’s private
cloud
, we provide real-time, immediate
payments
 capabilities and enable the industry’s most complete omni-channel
payments
 experience. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2019
ACI, ACI Worldwide, the ACI
logo, ACI Universal Payments, UP, the UP logo 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.

Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI’s sole discretion. ACI
is providing the following information in accordance with ACI’s standard
product communication policies. Any resulting features, functionality,
and enhancements or timing of release of such features, functionality,
and enhancements are at the sole discretion of ACI and may be modified
without notice. All product roadmap or other similar information does
not represent a commitment to deliver any material, code, or
functionality, and should not be relied upon in making a purchasing
decision.

Contacts

Dan Ring
Email: [email protected]
Phone:
+1 (781) 370-3600

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