ACI Worldwide and InComm Payments Partner to Digitize Cash Payments, Driving Financial Inclusion Amid the Pandemic
Cash-preferred consumers can use barcode payment tokens at participating retail locations to quickly pay bills with cash
For some consumers, such as the unbanked or underbanked populations, cash payments are essential. With ACI Speedpay and InComm Payments’ VanillaDirect Pay, consumers will follow the account provider’s process to get a barcode printed, scanned from a website, or sent to their phone via text or through ACI’s moBills digital wallet feature. Consumers can then take this barcode payment token to more than 60,000 participating retail agents (including Dollar General and Family Dollar stores) with the appropriate amount of cash, including any convenience fee, and pay their bills—such as utilities, higher education, cable, insurance and more.
“Together with ACI, we are enhancing the customer payment experience by providing an easy, safe and convenient payment option for customers looking to use cash,” said
“As digital payments proliferate across the bill payment industry, it is important to provide a cash payment option for those who lack the means to make digital payments,” said
ACI Speedpay is an integrated suite of bill presentment and payment services that empowers the success of thousands of customers across multiple verticals, including Consumer Finance, Government, Education, Healthcare, Insurance, Telco and Cable, Subscriptions, and Utilities. The solution’s mobile wallet billing and payment capability improves consumer experience while reducing costs.