ACI Worldwide and Vendo Services partner to enable Crypto Payments

By Gloria Methri

US-based real-time payments enabler ACI Worldwide has extended its partnership with payment service provider Vendo Services to enable crypto payments for its merchants. Vendo Services, which specialises in ecommerce, content platforms and emerging industries is already using ACI Secure eCommerce to offer eCommerce capabilities to its merchant customers.

Through ACI’s latest partnership with RocketFuel Blockchain, a global provider of Bitcoin and other cryptocurrencies, Vendo Services will be able to offer cryptocurrency processing capabilities for its merchant customers worldwide.

ACI Secure eCommerce offers the RocketFuel Blockchain solution via a single integration, enabling merchants to accept crypto payments with no processing fees. In addition, the solution provides bank transfers to merchants and their customers online and in-store using smart devices with QR codes or NFC capabilities.

“The interest in cryptocurrency payments among our global merchant customers is on the rise, and we expect demand to increase significantly over the coming years,” said Mitch Platt, CEO, Vendo Services. “Enhancing our portfolio of alternative payment methods with the unrivalled choice of cryptocurrency payment options offered by ACI will give our merchant customers a competitive edge, helping them to grow and future-proof their business.”

ACI Secure eCommerce is a payments orchestration platform combining an eCommerce payments gateway with real-time fraud management capabilities and advanced business intelligence tools.

Speaking on the partnership, Basant Singh, head of merchant business, ACI Worldwide said, “We are delighted to extend our partnership with Vendo Services to advance the company’s leading offering of alternative payment options. ACI Secure eCommerce gives thousands of merchants and PSPs globally the tools and technology to increase conversion rates and grow their business by making payments part of a smooth, seamless and secure customer journey. Our orchestration solutions for merchants are targeted at helping them to sell more, lose less and maximize margins.