ACI Worldwide Makes Real-Time, Any-to-Any Payments a Reality for Payment Operators
ACI's next-generation UP BASE24-eps consumer payments solution enhances customer experience, provides greater flexibility, improves risk management and expedites payment processing
With the latest version of ACI's market-leading consumer payments solution, UP BASE24-eps, as the enabling technology, real-time payments facilitate quick, secure, cost-effective and regulated transactions between consumers and retailers, financial institutions and billers. Industry experts believe that real-time payments will accelerate the global economy by eliminating billions of dollars in costs and generating billions of dollars in new revenues each year.
UP BASE24-eps supports the acquiring, authorizing, routing and switching of consumer transactions, including card and burgeoning non-card payment types such as mobile and email addresses. The platform empowers payment providers to offer their customers the products and services they want, all while significantly reducing IT costs and facilitating new revenue-generation programs by:
- offering new consumer experiences such as mobile payments and person-to-person (P2P) payments
- strengthening the ability to enter new markets by offering both card and cardless payments with the same payments infrastructure
- lowering application development costs by up to 74 percent and improving time to market through new SOA-based business services
- expediting time to market by up to 50 percent with new development toolkits, enabling configuration rather than coding
- decreasing operating costs by consolidating legacy systems and integrating into other systems via business services
- supporting numerous new advanced features, some of which help reduce risk and manage compliance
"Incumbents are struggling to differentiate themselves in the
marketplace and are under pressure to generate new revenues," said
"The real-time and any-to-any capabilities in our consumer payments
platform are industry game-changers and the result of close
collaboration with our customers—many of the world's leading financial
institutions, retailers and billers," said
UP BASE24-eps leverages ACI's Universal Payments (UP) framework, which is at the core of ACI's strategy to enable end-to-end enterprise payments. The UP framework is a set of technologies that orchestrates all aspects of payment processing for any payment type, any channel, any currency and any network. Combined with ACI's leading solutions, such as UP BASE24-eps, it delivers an innovative architecture that bridges existing systems and future needs.
"With the UP framework, UP BASE24-eps includes new levels of flexibility to enable customers to quickly and easily customize payment processing via business services and configuration rather than complex and time-consuming coding," Hale continued. "And the new version of UP BASE24-eps continues ACI's long-standing heritage of market-leading levels of scalability, reliability and security."
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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.
dan.ring@aciworldwide.com
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