Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Driven by ACI Worldwide, Ecentric Payment Systems Extends Omni-Channel Capabilities for African Merchants

ACIW

UP Merchant Payments solution broadens retailer offering for South Africa's leading payment processor

NAPLES, FL --(Marketwired - March 14, 2017) - ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Ecentric Payments Systems, South Africa's leading payment processor, has expanded its relationship with the company and will leverage ACI's UP Merchant Payments to extend its capabilities with eCommerce payment and gift card solutions.

Ecentric, which has worked with ACI for more than 15 years to grow its South African footprint, processes more than 880 million transactions annually. Building upon this relationship, Ecentric has implemented service-oriented solution-architecture principles and design via ACI's Universal Payments framework, which also supports ease of integration with other systems through flexible, open payment infrastructure.

"Consumers are demanding a connected retail experience and want merchants to offer multiple payment options across all channels in a consistent manner, and merchants want technology that is flexible and responsive to changing market needs across multiple geographies," said Hassen Sheik, managing director, Ecentric. "ACI's UP Merchant Payments solution enables us to offer true omni-channel payment processing both domestically and in the global markets where we operate. ACI and its powerful Universal Payments framework provides us the scalability we need to deliver the reliable network infrastructure that our clients demand."

"As commerce becomes faster and increasingly digitized, innovative companies like Ecentric are turning to ACI to capitalize on the opportunities for growth," added Manish Patel, general manager, Middle East, Africa and South Asia, ACI Worldwide. "The UP Merchant Payments solution ensures that Ecentric can deliver a consistent payment offering across its clients' many channels, while maintaining the flexibility to adapt to the needs of each individual market."

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 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. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software and SaaS-based solutions, we deliver 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. 2017.
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo, ACI Universal Payments, UP, the UP logo, ReD, PAY.ON and all ACI product 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.

Media Contact:

ACI Worldwide

Dan Ring
E-mail: dan.ring@aciworldwide.com
Phone: +1 781-370-3600

Christopher Taine (EMEA)
E-mail: christopher.taine@aciworldwide.com
Phone: +49 (0) 89 45230 557

Katrin Boettger (EMEA)
E-mail: katrin.boettger@aciworldwide.com
Phone: 0044 (0) 7776 147910



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today