[ad_1]
ACI Worldwide, a global leader in real-time payments software, and Interswitch Group have announced a new frontier in their 20-year-old relationship, which consolidates Interswitch’s relationship with ACI from reseller to strategic partner status across multiple markets in Sub-Saharan Africa.
The partnership will enable banks, fintechs and other financial institutions in the region to progressively transform and modernize their payments infrastructure through ACI’s revolutionary Enterprise Payments Platform.
On the back of this partnership, Interswitch will incorporate the full range of payment solutions that form part of the ACI Enterprise Payments Platform into its technology stack, enabling banks and financial institutions across Africa to respond rapidly to regulatory mandates, new competition, and evolving trends in a fast-changing payments landscape.
The ACI Enterprise Payments Platform is an end-to-end payments hub solution for retail and wholesale payments and encompasses all the capabilities of ACI Issuing, ACI Low-Value Real-Time Payments, ACI Acquiring, ATM and self-service banking and ACI Fraud Management.
The solution enables banks to future-proof their payments infrastructure and meet new customer demands for all payment types across consumer, merchant and corporate payments.
Interswitch, a strategic partner of ACI for more than 20 years, will offer new innovative products and services in Nigeria and 31 other markets in Sub-Saharan Africa where the payments sector is experiencing an unprecedented revolution and is poised to witness significant further growth on the back of a growing young population, increased digitization and progressive regulatory outlook.
“We are thrilled to announce the extension of our long-term partnership with Interswitch,” said President and CEO, ACI, Thomas Warsop.
“We are excited about our new strategic partnership with ACI Worldwide, which essentially consolidates our 20-year relationship across Sub-Saharan Africa,” said Founder/Group Managing Director and CEO at Interswitch, Mitchell Elegbe.
[ad_2]
Source link