HyperPay, a payment service provider (PSP) in Middle East and North Africa (MENA), has selected ACI Worldwide’s UP Payments Risk Management solution to offer merchants integrated real-time fraud prevention for eCommerce and mobile payments.
The move expands ACI’s relationship with HyperPay, which already has been using ACI’s UP eCommerce Payments for cross-border capabilities.
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ACI’s UP Payments Risk Management solution utilises adaptive machine learning and a shared intelligence approach to address fraud concerns of merchants across sectors and verticals.
HyperPay CEO Muhannad Ebwini said: “While the growth opportunity is considerable, we also know that merchants need to protect their revenues and secure their transactions, as well as be responsive to the evolving threat of fraud. As a long-standing partner, we fully trust ACI to deliver a sophisticated, real-time fraud detection and prevention solution that protects our customers.”
ACI general manager for Middle East, Africa and South Asia Manish Patel added: “Simple integration of new payment types and acquirers has helped HyperPay to achieve 35% year-on-year growth, and we are confident that with ACI’s UP Payments Risk Management solution standing behind every transaction, this strong growth can continue.”
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