The MENA region's eCommerce marketplace is experiencing double-digit growth-with estimates at more than USD
ACI's UP Payments Risk Management solution addresses the fraud needs of merchants across sectors and verticals, with adaptive machine learning and a shared intelligence approach that leverages cross-industry knowledge and data. As a managed cloud service, insights gleaned from global fraud intelligence help expert risk analysts to define and optimize fraud strategies for payment providers and merchants.
"We have found that ACI's Universal Payments solutions perfectly complement our local knowledge and experience, and have enabled us to develop an offering that enhances the eCommerce experience in multiple countries across the diverse region where we operate," said Muhannad Ebwini, CEO, HyperPay. "While the growth opportunity is considerable, we also know that merchants need to protect their revenues and secure their transactions, as well as be responsive to the evolving threat of fraud. As a long-standing partner, we fully trust ACI to deliver a sophisticated, real-time fraud detection and prevention solution that protects our customers."
"eCommerce in the MENA region is growing rapidly, as consumers move from
cash-based transactions to using cards and other online payment methods. As this shift - with mobile acting as an additional catalyst - gathers pace, retailers need to gain the trust of consumers and protect themselves against the risk of fraud across multiple channels," said
ACI ReD Shield is a
fully integrated part of the UP eCommerce Payments solution, which also includes the Mobile Commerce SDK (mSDK), used by HyperPay to deliver seamless mobile checkout experiences for merchants across
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