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Eafricalab and ACI Worldwide Drive Payments Modernization Across Africa

Eafricalab to utilize ACI’s UP Retail Payments solution for Postilion to enhance its customer experience across 25 African countries

Thursday, March 21, 2019

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NAPLES, FLA/LONDON – March 21, 2019 – ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Eafricalab will utilize its UP Retail Payments solution for Postillion to better serve consumers across 25 African countries. Eafricalab is a leading African processor, providing payments processing for customers across the banking, retail, microfinance, telecoms and local government sectors.

ACI’s market-leading payments platform will empower Eafricalab to modernize its payments offering, fostering further innovation and financial inclusion across the continent. Eafricalab will utilize ACI's UP Retail Payments solution for Postillion, which provides seamless configuration and scripting, allowing the processor to quickly launch new value-added payments services for its clients, including card management, gift cards and prepaid solutions. In addition, Postilion will enable the company to process modern electronic payments, such as non-card withdrawals, retailer transactions and new alternative payment methods.

“We are excited to adopt ACI’s proven payments technology, which will allow us to offer new payments capabilities as well as stronger services to our clients,” said Simplice Anoh, CEO, Eafricalab. “Together with ACI, we are committed to leading the digital payments revolution across Africa.”

“This new partnership reaffirms our commitment of enabling rapid innovation for the African market with cutting-edge payment solutions,” said Manish Patel, vice president, ACI Worldwide. “ACI's UP Retail Payments solution for Postillion enables new, digital payments to be offered in any marketplace, ensuring that processors, acquirers, payment card networks and banks are able to participate in the new payments ecosystem.”

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.

© Copyright ACI Worldwide, Inc. 2019 
ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP, the UP logo and all ACI product/solution 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.

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