With ACI, Latin America's largest payment service provider empowers
global merchants to offer their solutions with regional payment methods
NAPLES, Fla.--(BUSINESS WIRE)--
Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions, today announced that allpago,
the leading payment service provider (PSP) in Latin America, has
achieved 150 percent annual growth, in terms of volume of transactions,
with ACI. A long-standing ACI customer, allpago enables companies
globally to do business and accept payments across Latin America,
incorporating locally-preferred credit cards and alternative payment
methods via location-based checkout.
According to eMarketer,
Brazil is the only country in Latin America included in the top 10
global retail eCommerce markets—with double digit growth expected
"We are able to achieve a consistently high growth rate in large part
because of ACI UP eCommerce Payments. The solution's reliability,
flexibility and scalability give us the ability to quickly and easily
offer payment options that merchants and customers want," said Philipp
Bock, CEO, allpago, "Our products and services, coupled with the UP
eCommerce Payments solution, provide all variety of payments accepted in
countries like Brazil, where our customers can customize their checkout
experience based on location through which they significantly increase
"Merchants often view the complex, country-level payments landscape as a
barrier to entry," said Markus Rinderer, senior vice president, ACI
Worldwide. "By leveraging the UP eCommerce Payments solution, allpago
allows merchants with global ambitions to easily offer the necessary
local payment methods to their customers, which translates into higher
conversion rates and increased sales in growing markets throughout the
dynamic Latin America region—and across the globe."
The SaaS-based UP eCommerce Payments solution provides payment
providers, retailers and eCommerce companies a complete solution with
rapid integration, global connections and high-tech real-time fraud
prevention. Providing connectivity to more than 350 alternative payment
methods and card acquirers in over 160 countries, UP eCommerce Payments
empowers merchants and the payment service providers (PSPs) that serve
them to capitalize on the $2.2 trillion global eCommerce opportunity by
embracing payments innovation.
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 $14 trillion each day in payments.
In addition, myriad organizations utilize our electronic
bill presentment and payment services. Through our comprehensive
suite of software and SaaS-based
solutions, we deliver real-time, immediate
payments capabilities and enable the industry's most complete omni-channel
payments experience. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2016.
ACI, ACI Payment Systems, the
ACI logo and all ACI product names are trademarks or registered
trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the
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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
View source version on businesswire.com: http://www.businesswire.com/news/home/20160808005020/en/
Dan Ring, 781-370-3600
Source: ACI Worldwide, Inc.
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