PaymentsACI Worldwide and Vendo Services Partner

BusinessWire BusinessWireNovember 29, 20226 min
  • Extension of partnership will enable Vendo Services to offer more than 127 cryptocurrencies, including Bitcoin, to its global merchant customer base
  • Customers of ACI Secure eCommerce are able to offer cryptocurrency processing capabilities through one single integration

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, and Vendo Services, a leading European payment service provider (PSP), have announced an extension of their partnership that will enable Vendo Services to offer more than 127 cryptocurrencies, including Bitcoin, to its global merchant customers amid rising customer demand for cryptocurrency payments.

Vendo Services, a leading PSP specializing in eCommerce, content platforms and emerging industries, is already an ACI customer using ACI Secure eCommerce to offer state-of-the-art eCommerce capabilities to its merchant customers. Through ACI’s strategic partnership with RocketFuel Blockchain, Inc. (OTC QB: RKFL), a global provider of payment solutions for Bitcoin and other cryptocurrencies, Vendo Services will now be able to offer cryptocurrency processing capabilities for its merchant customers globally.

ACI Secure eCommerce offers the RocketFuel Blockchain solution via a single integration, enabling merchants worldwide to accept cryptocurrency payments with no processing fees, an industry first. In addition, the solution provides bank transfers to merchants and their customers online and in-store using smart devices — both Android and IOS — with QR codes or NFC capabilities.

“The interest in cryptocurrency payments among our global merchant customers is on the rise, and we expect demand to increase significantly over the coming years,” commented Mitch Platt, CEO, Vendo Services. “Enhancing our portfolio of alternative payment methods with the unrivalled choice of cryptocurrency payment options offered by ACI will give our merchant customers a competitive edge, helping them to grow and future-proof their business.”

“We are delighted to extend our partnership with Vendo Services to advance the company’s leading offering of alternative payment options,” said Basant Singh, head of merchant business, ACI Worldwide. “ACI Secure eCommerce gives thousands of merchants and PSPs globally the tools and technology to increase conversion rates and grow their business by making payments part of a smooth, seamless and secure customer journey. Our orchestration solutions for merchants are targeted at helping them to sell more, lose less and maximize margins.”

ACI Secure eCommerce is a holistic payments orchestration platform combining a powerful eCommerce payments gateway with sophisticated real-time fraud management capabilities and advanced business intelligence tools. It also includes ACI Mobile Commerce SDK, enabling merchants to offer a mobile check-out experience, the ACI Smart Engage mobile engagement platform, and ACI PayAfter, a comprehensive “buy now, pay later” (BNPL) offering connecting customers to more than 70 BNPL lenders.

Benefits of ACI Secure eCommerce for merchants include:

  • Instant access to hundreds of local and cross-border acquirers, card, mobile and digital payment methods
  • Sophisticated real-time multi-layered fraud management capabilities enabling merchants to maximize payments acceptance while minimizing fraud and chargeback costs
  • Access to all aggregated payments data in one single portal
  • Orchestration of their payment and fraud management services to increase conversion and revenues

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