ACI Worldwide signs licensing agreement with Payworks
ACI Worldwide has inked a licensing agreement with point-of-sale payment infrastructure provider Payworks to boost its cloud.
As per the agreement, ACI Worldwide will integrate Payworks technology into the front-end of its UP Merchant Payments platform.
ACI Worldwide said that the integration will deliver a device-agnostic point of sale (POS) solution in the cloud, which is pre-certified with multiple card readers, processors and acquirers.
ACI Worldwide senior vice president Mike Braatz said: “Payworks’ integration into our RESTful open API means that clients immediately benefit from our extensive global payments network of more than 350 payment methods and acquirers.
“We have brought together our extensive global connectivity with a turnkey solution that is fully white-label, so that payment providers and merchants have the choice to brand their payments infrastructure as their own. This gives retailers the freedom to develop and deliver the sort of seamless shopper experiences that are proving to be a key competitive differentiator.”
Payworks CEO and co-founder Christian Deger said: “What is most exciting about our expanded relationship are the market demands and use cases that ACI can address with the new solution; from single terminal market stalls and pop-up stores, through to assisted shopping, ‘queue busting’ and even high-volume retail.
“For many years, we’ve seen brick-and-mortar retailers moving online, but on separate platforms. With the solution offered by ACI, merchants have access to a true omni-channel payment gateway that consolidates both digital and physical transactions.”