ACI Worldwide, a leading global provider of real-time digital payment software solutions, has announced the expansion of its partnership with Interswitch, a leading African digital payment solutions provider. This collaboration aims to further enhance digital payment capabilities in Africa and drive financial inclusion across the continent.
The extended partnership between ACI Worldwide and Interswitch will enable the deployment of ACI’s UP Retail Payments solution across twelve African countries where Interswitch has a presence. ACI’s UP Retail Payments solution offers a comprehensive set of payment capabilities, including card management, electronic fund transfers, mobile payments, and integrated local switching.
By leveraging ACI’s proven technology, Interswitch will be able to deliver secure and reliable digital payment solutions to its customers whilst adapting to the changing needs of the African market. The scalability and flexibility of ACI’s solution will facilitate Interswitch in expanding its product offerings and expanding its customer base.
This partnership comes at a critical time when the shift towards digital payments is gaining momentum across Africa. With the onset of the COVID-19 pandemic, there has been an increased demand for contactless payments and online transactions. ACI Worldwide and Interswitch’s collaboration aims to address this demand by providing advanced payment solutions that can be easily adopted by businesses and consumers.
“We are excited to expand our longstanding partnership with Interswitch and support their mission of promoting secure, seamless, and widespread digital payments adoption across Africa,” said Mandy Killam, Executive Vice President, ACI Worldwide. “Together, we can drive financial inclusion on the continent and empower individuals and businesses with innovative payment capabilities.“
ACI Worldwide’s partnership with Interswitch is a testament to the growing importance of digital payments in Africa. It reflects the commitment of both companies to accelerate financial inclusion, promote economic growth, and create a more digitally interconnected ecosystem across the continent.
As this partnership unfolds, ACI Worldwide and Interswitch will continue to collaborate on innovative solutions that address the evolving needs of the African market. By combining their expertise and technology, they hope to revolutionize digital payments in Africa and create a more inclusive and efficient financial landscape.
For more information about ACI Worldwide and Interswitch, please visit their respective websites.
Article written by: Digital Payments Today