Sanjay Gupta, Executive VP, ACI Worldwide

ACI Worldwide has announced new mobile wallet payment and loyalty capabilities, a new addition to its UP portfolio. The new solution will enable consumers to view bills from their Apple Wallet or Google Pay and make payments from their smartphones. The announcement was made in conjunction with the closing of ACI’s acquisition of Speedpay. The new capabilities come after the acquisition of Western Union’s Walletron( developer of mobile wallet offerings) by ACI.

“Today’s consumers expect a bill pay experience that is quick, easy and digitized, and with billing and payment among an organization’s most frequent and most important touchpoints, customer experience is paramount,” said Sanjay Gupta, executive vice president, ACI Worldwide. “As more consumers utilize mobile devices to view and pay bills, organizations must be able to present bills in a mobile-friendly way. The combination of ACI’s bill payments platform and Walletron’s next-generation mobile wallet billing technology delivers consumers a digital bill pay experience unmatched in the industry. We are excited to welcome the Walletron team as we shape the future of bill pay.”

Walletron’s digital engagement technology- moBills, delivers enables organizations to place bills, invoices, statements, compliance documents and other notifications directly into consumers’ hands through their mobile wallets native to both Android and Apple devices. This assists the organizations in increasing their mobile channel effectiveness by linking consumers to other valuable products, services and programs directly from their bills.

Recently, ACI Worldwide, through its partnership with Vocalink, announced its plans of assisting the adoption of real-time payments in Saudi Arabia with its UP Real-Time Payments solution.

by Megha Bhattacharya
Market Analyst at IBS Intelligence