ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the successful integration of PagBrasil, an online payment processing service and gateway, into its extensive global network of eCommerce payment endpoints. The project was realized by PagBrasil via reverse integration with the RESTful open API that underpins ACI’s UP eCommerce Payments solution.
A full-service payment service provider (PSP), PagBrasil focuses on the Brazilian market, which represents 42 percent of all eCommerce revenues in LatAm. PagBrasil’s proprietary payment platform provides gateway services, processing and collecting, and fraud prevention for both Brazilian and international merchants. A broad set of payment methods—including Boleto Flash®, Boleto Express, local debit cards, and installment-enabled domestic credit cards—ensures optimized payment setup that accounts for local shopping habits.
“Brazil continues to be an attractive market for international merchants looking to expand their business, but the broad range of payment methods required—not to mention the region’s regulatory and taxation particulars—can hamper market entry and create unnecessary complexity,” said Ralf Germer, co-founder, PagBrasil. “It was a logical choice to integrate with ACI’s open API, and make our technologically flexible services easily accessible to the payment providers and merchants that are already part of an extensive global payments network.”
ACI Worldwide serves payment providers and merchants around the world with its UP eCommerce Payments solution, which dramatically simplifies payment integration into any eCommerce website, application or native app. Integrated real-time fraud management keeps transactions secure, while opening up a network of more than 350 card acquirers and alternative payments methods for successful international expansion.
“The vision of ACI’s UP eCommerce Payments solution is to open up payment endpoints to all partners within our ecosystem – enabling universal connectivity,” said Andy McDonald, vice president, ACI Worldwide. “The successful integration of PagBrasil gives our entire network greater choice and flexibility in determining their payments setup, which is paramount when entering a market with the complexities of Brazil. What is particularly notable is the speed and effectiveness with which PagBrasil integrates independently, using the self-service functionality of our open payment technology.”
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.
About PagBrasil
PagBrasil is the premier online payment processing service in Brazil designed for Brazilian and international merchants and e-commerce platforms. With more than 20 years of online payment experience in the country, we provide online merchants with access to the broadest set of local payment methods, in addition to unique features and services that can immediately multiply their sales within Brazil. To learn more about PagBrasil and its services, please visit www.pagbrasil.com. You can also follow us on LinkedIn and be the first to hear our news.
© Copyright ACI Worldwide, Inc. 2017.
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo, ACI Universal Payments, UP, the UP logo, ReD, PAY.ON and all ACI product names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.
Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI's standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7871e278-f935-4ed8-90d0-8217c9c2ef74