Payments

10:09 AM
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

ACI Worldwide Introduces Merchant Payments Solution for Mobile Wallets

ACI's Retail Commerce Server now integrates mobile wallet payments into a merchant's existing payments infrastructure.

Payment systems provider ACI Worldwide introduced the newest version of its integrated payments solution, Retail Commerce Server 5.0, that integrates with mobile wallet applications emerging on the market.

The solutions' framework supports mobile wallet transactions through the merchant's current payment infrastructure, cutting the costs typically associated with processing mobile wallet payments. ACI said that merchants will not have to make any significant changes to their operations with the solution.

[See Related: Winning the Mobile Wallet Race]

The solution, which is being targeted to U.S. and Mexican markets, also extends support for credit application, fleet cards, phone card, and Canadian debit transactions.

"The latest version of Retail Commerce Serverempowers retailers to meet the growing demand for mobile wallet services with near seamless integration into their existing systems," Jeffrey Hale, senior vice president of Retail Payments at ACI, said in a statement. "It will result in a stronger relationship with the consumer since they will be able to use the payment means of their choice without having to endure service disruptions."

Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.