ACI Worldwide and Mexipay to Empower Payment Innovation in México
November 28, 2023 at 07:00 am EST
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ACI Worldwide announced a partnership with Mexipay to boost payment innovation in México. Mexipay will leverage ACI Enterprise Payments Platform to deploy ISO 20022 real-time payments and other innovative payment services in México. Expected to go live in early 2024, Mexipay´s new real-time payments technology will accelerate financial inclusion to a broader portion of the unbanked population in México.
By leveraging ISO 20022 real-time payments, Mexipay will complement the current real-time capabilities in the country with new innovative payment services and an unbeatable time to market. The ACI Enterprise Payments Platform is an end-to-end payments hub solution that will provide Mexipay with payments orchestration via the capabilities of the ACI Low Value Real-Time Payments solution. ACI Enterprise Payment Platform can be deployed on-premise or in the cloud, enabling banks to future-proof their payments infrastructure and intelligently orchestrate all payment types across consumer, merchant and corporate payments, and can be extended with further solutions for ACI High-Value Real-Time Payments, ACI Issuing, ACI Acquiring, ATM and Self-Service Banking, and ACI?s, artificial intelligence-powered ACI Fraud Management.
ACI Worldwide, Inc. develops, markets, installs, and supports a line of software products and solutions primarily focused on facilitating real-time digital payments. The Companyâs segments include Banks, Merchants, and Billers. It provides payment solutions to large and mid-size banks globally for retail banking, real time, digital, and other payment services. It support merchants globally, including Tier 1 and Tier 2 merchants, online-only merchants and payment service providers, independent selling organizations, value-added resellers, and acquirers who service them. Within the Billers segment, the Company provides electronic bill presentment and payment (EBPP) services to companies operating in the consumer finance, insurance, healthcare, higher education, utility, government, and mortgage categories. Its solutions include ACI acquiring, ACI issuing, ACI enterprise payments platform, ACI low value real-time payments, ACI high value real-time payments, and others.