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ACI Worldwide and Mastercard in tie-up for payments solutions

ACI Worldwide & Mastercard to join hands and advance payment solutions

ACI Worldwide, a global provider of real-time digital payment software and solutions, and Mastercard have announced a partnership to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization, and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payment initiatives. A release announcing the partnership said the real-time account-to-account payments market continues to quickly expand and a recent study – Prime Time for Real-Time – analyzing global real-time, account-to-account payment volumes and forecasts across 30 global markets, projects a CAGR of 23.4% from 2019 to 2024. While existing schemes around the world are adding new participants and value-added services, additional country and regional schemes are launching each year, including more than 20 schemes in varying planning stages, it added. With a complimentary real-time payment vision, the combination of Mastercard’s central infrastructure and ACI’s payments access, and real-time message transformation technology can deliver an unmatched end-to-end offering, the release added.


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