ACI Worldwide Teams with Wundr to Power Cross-Border Payments with Instant Settlement for Mid-Tier Retailers
May 19 2020 - 2:00AM
Business Wire
ACI’s secure eCommerce technology underpins
Wundr’s retail payments platform with connectivity to alternative
payment methods and a global network of acquirers
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
that Wundr, a retail payments platform that fuses B2C digital
payments and B2B business banking, will power its payments with
ACI’s UP eCommerce Payments solution.
ACI’s secure eCommerce technology, integrating digital payments
with multi-layered fraud management capabilities, gives Wundr a
foundational platform upon which it can build a range of new
products and services for mid-tier and large retailers, including
instant settlement. Through UP eCommerce Payments, Wundr gains
connectivity to hundreds of card acquirers and alternative payment
methods, giving its customers access to a global network for
cross-border payment processing and local acquiring. ACI’s solution
is built using a flexible, platform-based, open payments
architecture that is available via a single point of integration
with a RESTful API.
“ACI’s secure eCommerce capabilities deliver the flexibility to
adapt to the needs of our retail customers and help them reach new
markets quickly,” said James Baillie, founder and CEO, Wundr.
“Shopper expectations and demands will continue to evolve, so it’s
imperative that we partner with innovative technology providers
like ACI that are constantly upgrading and investing in new
capabilities. Additionally, ACI’s acquirer agnostic strategy is a
perfect fit for our customers, who are seeking a borderless
solution that enables them to work with local acquirers best suited
to their growth strategy.”
“Wundr is well positioned to deliver borderless business banking
and seamless cross-border eCommerce through its combination of an
extensive network and innovative API technology,” said Richard
Jolly, director – eCommerce, ACI Worldwide. “As well as providing
the technical connectivity for Wundr to further build its network,
ACI’s fraud prevention solution will safeguard transactions with
patented incremental learning technology, helping Wundr — and its
customers — to stay ahead of fraudsters.”
Download the Frost Radar analysis to see why Frost &
Sullivan named ACI an industry leader for eCommerce fraud
prevention.
Find out more: wearewundr.com
About ACI Worldwide ACI Worldwide, the Universal Payments (UP)
company, powers electronic payments for more than 6,000
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. 2020 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200518005486/en/
Dan Ring E-mail: dan.ring@aciworldwide.com Phone: +1 (781)
370-3600
Christopher Taine (APAC/EMEA) E-mail:
christopher.taine@aciworldwide.com Phone: +49 (0) 89 45230 128
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