Cash & Liquidity ManagementPaymentsClearing & SettlementPay360 signs five-year alliance with ACI Worldwide

Pay360 signs five-year alliance with ACI Worldwide

The integration with ACI’s UP eCommerce Payments solution will extend Pay360’s card acquiring capability beyond the UK and Europe to emerging markets.

Global payments provider ACI Worldwide has announced a five-year alliance with Pay360 to extend the latter’s card acquiring capability from the UK and Europe, to growth markets in North and South America, the Middle East and Africa. The integration with ACI’s UP eCommerce Payments solution will enable Pay360 merchants to connect with local acquirers in countries where they want to expand, assisting them in securing lower interchange and processing costs, and higher card authorisation rates.

Owned by the process services and integrated professional support services group Capita, Pay360 is one of the largest independent payment service providers (PSPs) based in the UK, offering secure services designed to improve how and where people receive payments. Operating in both the public and private sector, Pay360 services a range of clients from government to blue chip retailers, and in 2016 processed over 225m transactions valued at over £9.5bn.

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