High Payment Solutions (Hi-Pay) has teamed up with ACI Worldwide to launch a payments gateway service in Mongolia.

Under the partnership, Hi-Pay opted for various ACI solutions.

These include ACI’s UP eCommerce Payments solution with its integrated secure payments gateway and ability to address fraud issues.

Hi-Pay also selected ACI’s UP Real-Time Payments solution.

The solution is said to enable Hi-Pay link to real-time payment schemes in the broader region.

The solution will also help the company respond to upgrades in the payments infrastructure in the home market, noted ACI.

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 managing director – Asia Leslie Choo said: “ACI’s extensive global network of payment endpoints gives Hi-Pay the technical connectivity and the adaptability needed to evolve with its market, easily adding relevant payment methods in the future.”

Hi-Pay is said to get the solutions to power its own mobile wallet in the home market using the open payments architecture of ACI.

The technology of ACI enables Hi-Pay connect to global card schemes and payment methods.

The partnership is said to offer a globally compatible payments system in Mongolia.

The country hitherto relied only on the domestic T-Card bank network.

Hi-Pay will now also support alternative payment methods including Alipay and WeChat Pay.

The methods can be accessed through its own mobile wallet and merchant loyalty scheme.

Hi-Pay CEO Battulga Naranbat said: “ACI has a proven track record in helping payment service providers to scale and expand globally.”