ACI Worldwide to support payment transformation for Altech Card Solutions
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ACI Worldwide announced today that Altech Card Solutions (ACS), a division of Altron – a South African technology company, is leveraging ACI’s UP Retail Payments to better serve its large multi-national retail customers in South Africa and across the African continent. ACS is expected to use UP Retail Payments for enabling its retail customers to bring alternative payment schemes, including QR-based schemes and mobile-based POS devices, to meet the growing market and customer demand.
“When it comes to payments, consumer expectations and behaviors are changing rapidly, especially against the backdrop of the global Covid-19 pandemic. Consumers want more touchless capabilities and other new digital payment options,” said Charl Janse van Rensburg, general manager, ACS. “ACI’s UP Retail Payments is critical in helping our retail clients to integrate and to offer any new payment method with the quickest time to market, as well as the ability to leverage rich data and analytics.”
ACI Worldwide’s UP Retail Payments is an enterprise payment solution for acquiring and authorising transactions across all digital payment channels. It is based on the Universal Payments (UP) Framework and built on open service-oriented architecture for robust payments orchestration.
“The pandemic is accelerating the demand for and the global adoption of new alternative and digital payments methods,” said Dan van der Westhuizen, director, Africa, ACI Worldwide. “ACI’s UP Retail Payments solution is at the center of innovation for many of our largest merchant customers globally. It enables them to capture more market share and address the needs of their customers, especially the underbanked population.”
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