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September 17, 2012updated 04 Apr 2017 4:13pm

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”.

 

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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