ACI Worldwide Drives Payments Transformation for South Africa’s Altech Card Solutions, a Division of Altron
August 04 2020 - 2:00AM
Business Wire
Leading South African processor leverages ACI’s
UP Retail Payments to better serve merchants across the
continent
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, today announced
that Altech Card Solutions (ACS), a division of Altron, one of
South Africa’s leading technology companies, is utilizing ACI’s UP
Retail Payments to better serve its large multi-national retail
customers in South Africa and across the African continent.
UP Retail Payments is a sophisticated enterprise payment
solution for acquiring and authorizing transactions across all
digital payment channels. It is based on the Universal Payments
(UP) Framework and built on open service-oriented architecture for
robust payments orchestration. By utilizing UP Retail Payments,
ACS, a long-term ACI customer, will enable its retail customers to
bring to market a wide variety of alternative payment schemes,
including QR-based schemes and mobile-based POS devices to meet the
growing market and customer demand for alternative payment
methods.
“When it comes to payments, consumer expectations and behaviors
are changing rapidly, especially against the backdrop of the global
Covid-19 pandemic. Consumers want more touchless capabilities and
other new digital payment options,” said Charl Janse van Rensburg,
general manager, ACS. “ACI’s UP Retail Payments is critical in
helping our retail clients to integrate and to offer any new
payment method with the quickest time to market, as well as the
ability to leverage rich data and analytics.”
“The pandemic is accelerating the demand for and the global
adoption of new alternative and digital payments methods,” said Dan
van der Westhuizen, director, Africa, ACI Worldwide. “ACI’s UP
Retail Payments solution is at the center of innovation for many of
our largest merchant customers globally. It enables them to capture
more market share and address the needs of their customers,
especially the underbanked population.”
ACI’s UP Retail Payments delivers 24x7 secure payment
capabilities and is currently used by 8 of the world’s top 10
banks.
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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Media Contacts Dan Ring dan.ring@aciworldwide.com
781-370-3600
Katrin Boettger katrin.boettger@aciworldwide.com 0044 (0)
7776-147-910
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