ACI Worldwide and COMO Global Partner to Help eCommerce Businesses Grow Revenues

Rhea-AI Summary

ACI Worldwide (NASDAQ: ACIW) has partnered with COMO Global S.A., enhancing COMO's payments gateway, COMO World, with ACI Secure eCommerce. This collaboration aims to support COMO's expansion into new markets by providing access to a wide range of local and cross-border acquirers and diverse payment methods. The enhanced platform will enable merchants to accept multiple payment types securely while benefiting from advanced fraud prevention and business intelligence tools.

Positive

• Partnership with COMO Global expands market access for ACI Worldwide.
• ACI Secure eCommerce enhances COMO World, improving merchant payment options.
• Advanced fraud prevention features introduced to reduce chargeback costs.

Negative

• No immediate financial metrics or projections provided for the partnership.

• Payments service provider COMO Global to utilize ACI Secure eCommerce, giving merchants access to wide range of acquirers and alternative payment methods

MIAMI--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced a partnership with global payments service provider (PSP) COMO Global S.A. to support the company’s ambitious expansion plans into new markets. COMO Global will utilize ACI Secure eCommerce to enhance its payments gateway COMO World, offering its merchant customers instant access to hundreds of local and cross-border acquirers, as well as new card, digital and mobile payment methods.

The COMO World payments gateway is used globally. Thus, it enables businesses to accept multiple payment methods in different currencies, in addition to providing data security, fraud prevention, acquiring, and automated reconciliation.

ACI Secure eCommerce is a holistic platform combining a powerful payments gateway, sophisticated real-time fraud prevention capabilities and advanced business intelligence tools. In addition, the solution offers a multi-layered fraud strategy that uses a combination of consortium intelligence, profiling, machine learning and rules—a powerful approach that enables merchants to maximize payment acceptance while minimizing fraud and chargeback costs.

“Against the backdrop of rising eCommerce transactions globally, we anticipate significant growth of our PSPs, and their merchant customer bases in the next few years,” commented Angela Nickel, CEO, COMO Global. “Enhancing the COMO World gateway with ACI Secure eCommerce will give our PSPs and their merchant customers access to an extensive global payments network, providing them with one of the most sophisticated fraud prevention solutions on the market, ultimately helping them to grow and future-proof their business.”

“We are delighted to work with COMO Global and help drive its expansion,” commented Andrew Quartermaine, vice president, ACI Worldwide. “ACI Secure eCommerce gives thousands of merchants and PSPs globally the tools and technology to increase conversion rates and grow their businesses, by making payments part of a smooth, seamless and secure customer journey.”

About ACI Worldwide
ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.

About COMO Global
COMO Global S.A. is a Paytech. A fully automated globally connected Payment Service Provider, able to simplify the world’s payments. It is a sophisticated electronic platform composed of COMO World, COMO Synchro, and COMO iBAN-X for all the needs of PSP’s and their merchants globally. that is WHAT we do.

© Copyright ACI Worldwide, Inc. 2022
ACI, ACI Worldwide, ACI Payments, Inc., ACI Pay, Speedpay 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220201005055/en/

Media

Dan Ring

dan.ring@aciworldwide.com

Katrin Boettger

katrin.boettger@aciworldwide.com

Source: ACI Worldwide

FAQ

What is the partnership between ACI Worldwide and COMO Global about?

ACI Worldwide has partnered with COMO Global to enhance COMO's payments gateway, providing merchants access to a broader range of payment options.

How does ACI Secure eCommerce benefit COMO Global?

ACI Secure eCommerce enhances COMO Global's payment capabilities by offering advanced fraud prevention and support for multiple payment methods.

What is the expected impact of the ACI and COMO partnership on eCommerce?

The partnership is expected to increase payment acceptance rates and support the growth of eCommerce transactions for merchants.

Which company is ACI Worldwide partnering with?

ACI Worldwide is partnering with COMO Global S.A. to expand payment services.