Press Release

ACI Worldwide Delivers Seamless Mobile Checkout Experience in Middle East and North Africa with HyperPay

April 5, 2017

Naples, FLA, April 05, 2017 (GLOBE NEWSWIRE) -- April 5, 2017 - ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that HyperPay, a leading payment service provider (PSP) in the Middle East and North Africa (MENA) region, now offers merchants a seamless mobile checkout solution with the ACI Mobile Commerce Software Development Kit (mSDK), part of ACI's UP eCommerce Payments solution.

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HyperPay, founded in 2010, is a fast-growing online PSP in the MENA region, with a 35 percent average monthly growth rate in transaction volume since early 2016. In addition to the branded payment gateway solutions and cross-border capabilities that HyperPay already delivers to its clients via UP eCommerce Payments, the PSP has expanded its relationship with ACI to enable a seamless mobile checkout experience.

 

ACI's mSDK makes it possible for HyperPay to capitalize on the mobile opportunity in the MENA region, where mobile penetration is considerably higher than the global average. Retailers need to offer digitally-savvy consumers a seamless experience across online, mobile, social and in-store; the white-label mSDK facilitates fast integration of payments into existing native apps, and supports the range of alternative methods required both domestically and cross-border in the Middle East and North Africa.

 

"ACI's Mobile Commerce Software Development Kit allowed us to get our first merchants live quickly, due to the ease of technical integration," said Muhannad Ebwini, CEO, HyperPay. "With ACI, we know that we have the functionality and flexibility we need thanks to its RESTful API, and access to the payment methods that our merchants require thanks to its extensive global payments network."

 

"Innovative PSPs like HyperPay have identified the growth potential of online commerce in the Middle East and North Africa, but also recognize the challenge of remaining relevant in a rapidly-changing retail environment where the smartphone is becoming ubiquitous," said John Gessau, director, Mobile Payment Solutions, ACI Worldwide. "By leveraging our mSDK, HyperPay can deliver the speed to market, functionality and flexibility that their merchants demand, as we make our extensive network of endpoints available via the mobile channel."

 

The ACI Mobile Commerce SDK for iOS and Android is part of the UP eCommerce Payments solution, which combines the extensive global reach of the ACI PAY.ON Payments Gateway with integrated ACI ReD Shield real-time fraud management. The solution has been recognized with a number of industry awards including MPE Awards 2017 (International Award), PayFORUM 2017 (Cross-border Payments Award), and the FStech Payments Awards 2016 (Best Online Payments Solution).

 

 

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 and SaaS-based solutions, we deliver 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.

© 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/4c3b3c75-74bc-486d-bf50-8a4ac25aa07f

Dan RingACI Worldwide

+1 (781) 370-3600

dan.ring@aciworldwide.com



Christopher Taine (EMEA)

ACI Worldwide

+49 (0) 89 45230 557

christopher.taine@aciworldwide.com



Katrin Boettger (EMEA)

ACI Worldwide

0044 (0) 7776 147910

katrin.boettger@aciworldwide.com

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Source: ACI Worldwide, Inc.

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Investor Contacts

John Kraft, Head of Strategy & Finance
Email: john.kraft@aciworldwide.com

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