ACI Worldwide acquires payments switch Distra

US payments system provider ACI Worldwide has acquired Australia-based payments switch Distra for USD49m.Distras platform is known for its speed and flexibility, and ACI hopes to enhance its own platform across old and new technologies.

By Sara Perria

ACI Worldwide has acquired Australia-based payments switch Distra for USD49m.

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Distra’s platform is known for its speed and flexibility, and ACI hopes to enhance its own platform across old and new technologies.

Distra will support ACI’s “Agile Payment Solution strategy”, providing a platform suitable for real-time environment, such as payments through mobiles and social channels.

Gareth Lodge, senior analyst at Celent, said: “Distra’s technology can handle pretty much any kind of data. The acquisition opens up some interesting opportunities for real time interaction, includingin the mobile environment”.