ACI Worldwide (NASDAQ: ACIW), a global provider of real-time, any-to-any electronic payment solutions for banks, intermediaries, merchants, and corporates, announced on Wednesday it has formed an international relationship with Worldpay, Inc., a global provider in payments processing technology and solutions.
According to ACI, the new collaboration will enable Worldpay to further deepen its commitment to innovation and the development of new strategic products and services. Asif Ramji, Chief Product and Marketing Officer at Worldpay, stated:
“Working with a proven leader like ACI Worldwide not only enables us to offer our clients fast and seamless access to a growing number of APMs in new markets, it allows Worldpay to focus even more on developing new innovative services and technology solutions. As more of our merchants expand into cross-border and cross-channel trade, offering local payment types that are recognized, trusted and utilized by consumers is an increasingly important factor for business success.”
Richard Jolly, Senior Director of ACI Worldwide, went on to add:
“Industry research shows that offering the top three payment methods in any market, rather than only the top one, can increase merchants’ conversion rates up to 30 percent. In Europe, this is particularly important, with a wide selection of payment preferences, including traditional cards, e-wallets and mobile wallets, online bank transfers and invoices. Today, payment methods once described as nascent can quickly become mainstream, especially in a mobile-first world. UP eCommerce Payments enables Worldpay to quickly take advantage of new emerging payment trends.”