ACI Worldwide has reached an agreement with Japan Card Network, CARDNET to streamline its digital payments system across Japan.

CARDNET, the central domestic payment chain in Japan, currently handles over 30 billion of transactions locally per year.

It also offers card payment switching solutions to 106 businesses in Japan as well as more than 889,000 point of sale gateways to Japanese traders.

As part of the new agreement, ACI Worldwide is set to work together with CARDNET to offer modern digital payments technology and tools to the latter’s clients.

The modernised system is expected to allow CARDNET to meet the increasing customer demands.

CARDNET customers will also have access to improved digital payment offerings for use in both local and cross-border markets.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

ACI Worldwide APAC managing director Leslie Choo said: “CARDNET has taken a great leap forward in its digital payments journey and we are excited to be part of the drive to modernise its payments architecture and the Japanese payments ecosystem.

“As Asia’s digital payments networks become increasingly interconnected, having the right technology, collaboration, and shared vision will be key to staying ahead and providing unrivalled customer convenience.”

In November last year, ACI Worldwide formed an alliance with American buy now, pay later (BNPL) fintech platform Affirm.

The partnership seeks to enable US merchants to provide additional pay-over-time choice to consumers.