ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today is pleased to announce a strategic partnership with BitPay, the world’s leading cryptocurrency payments processor, to broaden its digital assets solutions for merchants and payment service providers (PSPs) via ACI’s Payments Orchestration Platform.
This alliance empowers ACI’s commitment to digital currency innovation by amplifying the platform’s traditional abilities for merchants and PSPs. Almost 55% of global retailers are assessing cryptocurrency acceptance as fragment of their payment strategy, according to the current study of ACI Worldwide and Payments Dive.
In addition, ACI evolves its Payments Orchestration Platform, enabling seamless approval and management of digital currencies such as stablecoins as a strategic companion to conventional payment rails, after uniting with BitPay.
Enable Secure Cryptocurrency Acceptance and Payments
In 2021, merchants and PSPs can now collaborate with BitPay to access upgraded features with other payment options, which include the ability to accept, store, and spend cryptocurrencies. BitPay’s platform assists a wide range of use cases, like peer-to-peer payments and mobile point-of-sale applications.
Adriana Iordan, Global Head of Merchant at ACI Worldwide, expressed his view about this, “Our partnership with BitPay represents one element of our broader digital assets strategy. Based on growing demand from our PSPs and merchant clients, we’re ensuring they have multiple pathways to leverage these emerging rails where they add value – whether for payment acceptance or specific use cases like cross-border B2B settlements and treasury operations.”
Simplify Global Payments with Unified Crypto-Fiat Solutions
At the same time, a response came from the corresponding partner, Stephen Pair, Co-Founder and CEO at BitPay. He also elaborated his thoughts in these words: “Together with ACI Worldwide, we’re making digital currencies more accessible and practical for real-world commerce.”
The unified solution aids agreement in fiat and stablecoins, providing elasticity and regulation for merchants working in varied markets. Furthermore, ACI’s Payment Orchestration platform smooths the complication of managing various payment methods, acquirers, and gateways via a single, united interface.
