Athol Credit Union Selects ACI Speedpay to Advance Contactless Payment Options for Its Members
April 29 2021 - 8:00AM
Business Wire
ACI Speedpay mobile wallet capabilities enable
remote payments as COVID pandemic reduces in-person options
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time digital payment software and solutions, today announced
that Athol Credit Union (ACU) has selected ACI Speedpay to drive
digital payments for its members. ACI enables the digitization of
cash payments through the use of a barcode payment token, making it
easier for members who rely on cash payments to easily pay their
bills.
Massachusetts-based ACU provides financial services, including
savings and checking accounts, loans, insurance, and credit and
debit cards, among other services. Using ACI Speedpay, ACU will now
be able to offer its members digital bill payment options,
including the ability to pay through their smartphone. The mobile
wallet feature — ACI moBills — provides a convenient choice for
consumers who now expect mobile payment options from their
financial institutions and billers. With ACI moBills, consumers can
also make cash payments using a barcode payment token at more than
60,000 participating retail agents.
“The pandemic has made bill payments challenging for all
consumers. While safety and social distancing are concerns, some
consumers who have a greater reliance on paying with cash might
find fewer cash payment options available due to the pandemic,”
said Courtney Fifield, president and CEO, Athol Credit Union. “With
ACI Speedpay, we will be able to provide members with mobile
billing and payment options as well as the ability to pay by cash
at participating retail stores nationwide. By offering our members
the greatest flexibility for receiving bills and making payments,
we’re ensuring a great payment experience no matter where they
are.”
“ACU is improving its member experience through the convenience
of online and mobile channels,” said Sanjay Gupta, executive vice
president, ACI Worldwide. “With ACI Speedpay, ACU members can pay
their bills while on-the-go, either digitally or through digitized
cash payments, ensuring a more seamless bill payment experience
regardless of location.”
ACI Speedpay is an integrated suite of bill presentment and
payment services that empowers the success of thousands of clients.
The solution is proven to raise consumer satisfaction by 25 percent
by offering easy ways to view and pay bills. The solution’s mobile
wallet billing and payment capability improves consumer experience
while reducing costs.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210429005571/en/
Media Dan Ring dan.ring@aciworldwide.com 781-370-3600
Nidhi Alberti Nidhi.alberti@aciworldwide.com 781-370-3600
ACI Worldwide (NASDAQ:ACIW)
Historical Stock Chart
From Aug 2024 to Sep 2024
ACI Worldwide (NASDAQ:ACIW)
Historical Stock Chart
From Sep 2023 to Sep 2024