The new membership scheme, which was launched last year, enables Co-op members to save and spend cash earned on own-brand purchases and also see their purchases support local charities of their choice. Co-op had announced that more than 5 million members would receive new membership cards and enjoy these enhanced benefits. It also noted that trials of these benefits had led to significant increases in transactions, turnover and the frequency of visits, along with a substantial jump in the sale of Co-op branded products.
"ACI is delighted to partner with Co-op on this new and innovative scheme. The Co-op, which has a store in every postal district in the
In addition, ACI has started the production roll-out of its Point-2-Point Encryption (P2PE) card payments service across all Co-op
ACI will run all services for Co-op from its European data centre. Demand for ACI's cloud-based payment solutions has grown considerably, and in response, ACI opened a new state-of-the art data centre in Limerick,
ACI's cloud-based UP payments solutions offer customers the highest levels of reliability, security and data privacy. They also have the flexibility to support new requirements should customers' needs change over time.
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
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Katrin Boettger ACI Worldwide Corporate CommunicationsE-mail: email@example.com Phone: 0044 (0)7776 147 910 Source: ACI Worldwide
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