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January 11, 2018

ACI Worldwide brings UP Merchant Payments to the cloud

By Briony Richter

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced that its UP Merchant Payments solution is available in the cloud.

Consumers today expect to be able to transact sums anytime, anywhere, with whatever channel and payments method is most conveniently available. UP Merchant Payments provides omnichannel payments and fraud management capabilities that support business and revenue growth through any channel a customer wants to use.

ACI’s data facilities are specifically designed to support mission-critical payment solutions and deliver security and data privacy to all its customers. Through the cloud-based delivery option, UP Merchant Payments helps maintain the resources needed to support the payment systems while reducing the cost.

Mike Braatz, senior vice president at ACI Worldwide, stated: “Securing customer payment information and managing fraud are integral to any merchant’s digital payment strategy, especially as they scale their operations and payment options.

“As more organisations work to streamline the payments experience for their customers, they’re turning to ACI, and our extensive history of powering secure, flexible and scalable payments, and freeing themselves up to focus on the success of their businesses.”

To keep up with consumer demands, merchants now have to refocus their operations towards omnichannel commerce. ACI’s UP Merchant Payments offers merchants a secure omnichannel payments platform that provides flexibility to fit a merchant’s strategic channel needs, along with the scalability to meet growth targets. The cloud-hosted offering also reduces the scope of PCI-compliance regulation.

Thad Peterson, senior analyst at Aite, said: “As merchants continue to find creative ways to serve their customers across new and engaging channels, it is imperative that they don’t lose sight of critical components like payments and fraud management, which are integral to the customer experience.

“But merchants need to focus on what they do best—selling goods. Most do not have the time nor the expertise to allocate resources for managing these complex IT services.”

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