ACI Worldwide Powers Payments Innovation for Pick n Pay
June 01 2021 - 3:00AM
Business Wire
Pick n Pay, one of South Africa’s leading
retailers, to utilize ACI Omni-Commerce to drive payments
modernization as it significantly grows its transaction volumes
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time digital payment software and solutions, today announced
it is extending its partnership with Pick n Pay to drive payments
modernization for the South African retailing leader. Pick n Pay
will utilize ACI Omni-Commerce, a secure, validated point-to-point
encryption (P2PE) omni-channel payments platform, which delivers a
safe, consistent and seamless payments experience to customers
across all channels, whether in-store, online or mobile.
ACI Omni-Commerce will enable Pick n Pay to grow its business
and consolidate its technology while simultaneously unlocking new
payment capabilities. The solution will provide the retailer with
the flexibility to react to new consumer payment preferences as
well as increased self-service options.
“We anticipate significant growth in transaction volumes over
the next ten years as a variety of innovative digital payments
products are launched — the combination of scalability and
flexibility that ACI Omni-Commerce offers will not only support
that growth but also ensure we’re future-proofing our payments
environment,” said Jason Piezel, head of customer applications,
Pick n Pay. “Transitioning to a service-based architecture will
reduce time-to-market and equip us to respond to global payment
trends, enabling us not only to maintain but to expand our
leadership position within South Africa’s retail sector.”
“Africa continues to be fertile ground for payments innovation,
and South Africa — as the continent’s second largest economy —
plays a key role,” said Brett Stevens, director, Africa, ACI
Worldwide. “Retailers need to move quickly to succeed in this
challenging and dynamic environment, without compromising security
and resilience of their core systems. Continuing its long-standing
cooperation with ACI, Pick n Pay is strongly placed to grow its
market share, leveraging more of our device and channel-agnostic
payment technologies as the needs of its customer base evolve.”
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210601005091/en/
Media Dan Ring dan.ring@aciworldwide.com 781-370-3600
Katrin Boettger katrin.boettger@aciworldwide.com
781-370-3600
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