ACI Worldwide partners with Wundr to accelerate cross-border payments with instant settlement for mid-tier retailers
- Payments , Banking
- 19.05.2020 10:02 am
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Wundr, a retail payments platform that fuses B2C digital payments and B2B business banking, will power its payments with ACI’s UP eCommerce Payments solution.
ACI’s secure eCommerce technology, integrating digital payments with multi-layered fraud management capabilities, gives Wundr a foundational platform upon which it can build a range of new products and services for mid-tier and large retailers, including instant settlement. Through UP eCommerce Payments, Wundr gains connectivity to hundreds of card acquirers and alternative payment methods, giving its customers access to a global network for cross-border payment processing and local acquiring. ACI’s solution is built using a flexible, platform-based, open payments architecture that is available via a single point of integration with a RESTful API.
“ACI’s secure eCommerce capabilities deliver the flexibility to adapt to the needs of our retail customers and help them reach new markets quickly,” said James Baillie, founder and CEO, Wundr. “Shopper expectations and demands will continue to evolve, so it’s imperative that we partner with innovative technology providers like ACI that are constantly upgrading and investing in new capabilities. Additionally, ACI’s acquirer agnostic strategy is a perfect fit for our customers, who are seeking a borderless solution that enables them to work with local acquirers best suited to their growth strategy.”
“Wundr is well positioned to deliver borderless business banking and seamless cross-border eCommerce through its combination of an extensive network and innovative API technology,” said Richard Jolly, director – eCommerce, ACI Worldwide. “As well as providing the technical connectivity for Wundr to further build its network, ACI’s fraud prevention solution will safeguard transactions with patented incremental learning technology, helping Wundr — and its customers — to stay ahead of fraudsters.”