Auto finance company Exeter Finance has selected ACI Worldwide’s UP Bill Payment Service to simplify multiple bill payment services and reduce payment processing costs.
The solution will provide loan servicing simplicity and lower cost debit card payments to Exeter.
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ACI Worldwide claims that the auto finance company will be able to save millions using its bill payment service.
Exeter Finance Corp assistant vice president treasury Brett Bradley said: "Exeter selected ACI Worldwide to drive our electronic payment processing efficiency and is excited to enhance our payment processing to meet all of our customers’ needs."
ACI Worldwide senior vice president Mike Braatz said: "More auto finance companies are turning to ACI as more of their consumers are electing to pay with a debit card. In fact, we’ve doubled the number of debit card payments we process for auto finance companies over the past year."
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By GlobalData
