ACI Payments Receives Nacha Certified Status for its Bill Payment Offering
July 29 2020 - 8:00AM
Business Wire
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
that its subsidiary, ACI Payments, Inc., has received Nacha
Certified status. The Nacha certification verifies that ACI has
achieved the highest standards of ACH payment processing outlined
by Nacha for its bill payments solution, ACI Speedpay. The company
has been Nacha Certified since 2018.
Nacha is a nonprofit organization that convenes hundreds of
diverse organizations to enhance and enable electronic payments and
financial data exchange within the U.S. and across geographies. It
supports the development of rules, standards, governance,
education, advocacy and innovation, which benefits providers and
users of those systems.
“Our clients expect us to meet all compliance and regulatory
requirements when processing ACH payments,” said Sanjay Gupta,
executive vice president, ACI Worldwide. “Achieving Nacha Certified
status gives them that peace of mind and continues to position us
as a leader in the bill payments market.”
“Nacha certification is a thorough and comprehensive process,”
said Michael Herd, senior vice president, ACH Network
Administration, Nacha. “For organizations that rely on ACI for its
bill payment services, having Nacha standards for sound core
practices in ACH payment processing is important.”
ACI Speedpay is an integrated suite of PCI-compliant and Nacha
Certified bill presentment and payment services that powers mobile,
web, IVR (interactive voice response), eBill, call center and
eLockbox (consolidated remittances) payment options with integrated
fraud protection and flexible payment restructure plan options. The
solution is utilized by thousands of customers across multiple
industries, including consumer finance, government, healthcare,
higher education, insurance, subscription services and
utilities.
ACI Payments, Inc. provides bill payment services for the ACI
Speedpay, Official Payments and Speedpay service brands of ACI
Worldwide.
About ACI Worldwide ACI Worldwide powers digital 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, through the public cloud or
through ACI’s private cloud, we provide real-time, immediate
payments capabilities and enable the industry’s most complete
omni-channel payments experience.
© Copyright ACI Worldwide, Inc. 2020 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200729005088/en/
Dan Ring dan.ring@aciworldwide.com 781-370-3600
Nidhi Alberti nidhi.alberti@aciworldwide.com 781-370-3600
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