UP Bill Payment Solution makes electronic payment options easy and
convenient
NAPLES, Fla.--(BUSINESS WIRE)--
ACI
Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic
payment and banking solutions, announced today that
Nicholas Financial, Inc. (NASDAQ: NICK), has selected the ACI
UP Bill Payment Solution, providing its customers with the ability
to make one-time and recurring debit card and automated clearing house
(ACH) payments on their auto loans to help avoid paying late payment
charges and additional interest.
Operating a network of 67 branches in 16 states throughout the
Southeastern and Midwestern U.S., Nicholas Financial purchases
installment sales contracts from automobile dealers for used cars and
light trucks, as well as offers direct consumer loans in Florida and
North Carolina. Nicholas Financial chose the ACI solution because of its
leading bill pay platform—making it easier for customers to pay online
or over the phone.
"With increasing regulatory scrutiny in the auto finance market, we stay
ahead of the curve on compliance by offering the best loan servicing
experiences for our customers," said Todd Stonewall, corporate
compliance manager, Nicholas Financial. "The ACI UP Bill Payment
Solution helps us achieve this objective and offers a user-friendly
intuitive interface. In addition to the more convenient ways to pay
loans, our customers also appreciate that they can avoid the late
penalties that accrue if a payment is delayed while waiting for a check
to arrive."
Mike Braatz, chief product officer at ACI Worldwide, added, "It's
important for auto loan companies to encourage the usage of debit card
and ACH payments so customers can experience a faster and smoother
payment process. The UP Bill Payment Solution makes it easier to pay on
time, which enhances the customer relationship."
Electronic Bill Presentment and Payment (EBPP) Services are part of
ACI's UP Bill
Payment solution. ACI's Universal
Payments (UP) portfolio of solutions orchestrates all aspects of
payments processing for any payment type, any channel, any currency and
any network.
About ACI Worldwide
ACI Worldwide, the Universal
Payments (UP) company, powers electronic payments for more than
5,000 organizations around the world. More than 1,000 of the largest
financial institutions and intermediaries as well as 300 of the leading global
retailers rely on ACI to execute $14 trillion each day in payments.
In addition, thousands of organizations utilize our electronic bill
presentment and payment services. Through our comprehensive suite of
software and SaaS-based solutions, we deliver real-time, any-to-any
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
United States, other countries or both. Other parties' trademarks
referenced are the property of their respective owners.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160315005042/en/
Media Contacts:
ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com
or
Andrea
Snyder, 781-370-3600
andrea.snyder@aciworldwide.com
Source: ACI Worldwide, Inc.
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