ACI Worldwide, a provider of electronic payment and banking solutions, and STS PayOne, a regional ePayment solutions provider in Middle East and Africa, have planned to launch an integrated payment solution.
The solution will combine the ACI ReD Shield fraud prevention solution with the ePayment Gateway services offered by STS PayOne.
The joint offering will enable merchants and acquirers in the Middle East to reduce the risks related to electronic payments by implementing multiple techniques to identify and prevent payment fraud in real-time.
The solution will help reducing false positives to support eCommerce revenue growth and strengthen customer relationships for STS PayOne’s merchant customers by accurately identifying legitimate transactions.
STS PayOne general manager Janti Abdallah said: "The integration of ACI ReD Shield into the STS PayOne payment gateway platform enhances our competitive advantage. The rich features of our joint solution, coupled with quality of service and cost efficiency, allow us to attract more clients in these target sectors."