back Back

ACI Worldwide drives payments modernisation for Ecentric Payment Systems

By Edlyn Cardoza

November 28, 2022

  • ACI Fraud Management
  • ACI Omni-Commerce
  • ACI Worldwide
Share

ACI Worldwide, Real Time Payments, Ecentric Payment Systems, ACI Omni-Commerce, Omnichannel Payments Platform, PSP, ACI Fraud Management, South AfricaACI Worldwide, a global leader in mission-critical, real-time payments software, announced that Ecentric Payment Systems, South Africa’s leading payments processor, is expanding its partnership with ACI. Ecentric will utilise ACI Omni-Commerce to enable its merchant customers to offer consumers new and innovative payment options.

“We are proud of our long-standing relationships with innovative companies like Ecentric, helping them deliver experiences that ultimately result in more growth opportunities,” said Brett Stevens, Head of Africa, ACI Worldwide. “In the rapidly evolving payments ecosystem, ACI technology solutions empower Ecentric and other PSPs to provide merchants with the necessary flexibility and scalability to deliver optimal experiences to their end customers.”

Ecentric Payment Systems, a long-time ACI customer serving many South Africa’s largest retailers, processes more than four billion transactions annually. As the innovative payment service provider (PSP) increases its footprint, it will leverage ACI’s omnichannel payments platform, which provides flexibility to support consumers’ in-store, online and mobile needs.

“As consumers’ payment preferences change and their checkout demands increase, it is paramount for merchants to provide optimal experiences, regardless of the channel,” said Hassan Sheik, CEO of Ecentric. “ACI Omni-Commerce provides a secure omni-channel payment processing platform that powers the purchasing experiences our consumers are expecting today.”

ACI Omni-Commerce is a secure omnichannel payment processing platform with the flexibility to support merchants’ in-store, online and mobile needs and the scalability to power the purchasing experiences that customers are looking for now and in the future. It offers support for multiple card payment types (credit, debit, prepaid, EMV, and contactless), global schemes (Apple Pay and Google Pay), and alternative payment methods (BNPL, wallets, loyalty, and QR). It provides access to a global payments network of acquirers and payment providers. Robust payments security is achieved through P2P encryption, merchant, and network tokens.

It also includes ACI Fraud Management for merchants, a real-time, multilayered fraud management solution designed to meet the requirements of ecommerce merchants and PSPs.

Previous Article

November 28, 2022

Singapore and UK strengthen their FinTech partnership

Read More
Next Article

November 28, 2022

Facctum releases open access platform to combat financial crime

Read More








IBSi Daily News Analysis

March 22, 2024

ACI Fraud Management

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 28, 2024

5 Major FinTech Acquisitions announced in March 2024

Read More

March 28, 2024

Tempo France suspends classical remittances, to focus on DeFi

Read More

March 28, 2024

Qonto unveils its first in-house financing offer, ‘Pay later’

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023