PARIS--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global provider of real-time electronic payment and banking solutions, announced today it will partner with Verifone (NYSE: PAY), a global provider of payments and commerce solutions, to deliver a comprehensive pan-European card payments platform for Auchan Group, one of Europe’s largest food retailers.
Auchan relies on ACI’s market-leading omni-channel UP Retailer Payments solution as the foundation for its cross-border payments strategy. In addition, the ACI solution will integrate with Verifone’s VX 820 PIN pads and payment as a service provision to manage all types of card and non-card transactions in-store.
The new payments platform will also be compliant with the nexo standards, a set of unified card payments standards that aim to drive interoperability across countries, championed by a growing number of retailers across Europe that want to roll them out in the near future.
Andrew Quartermaine, Head of Merchant Retail Europe, ACI Worldwide
comments:
“ACI has worked closely with Auchan for a number of
years and we are delighted to be delivering this innovative payment
acceptance offering to position the company for future growth. ACI,
Verifone and Auchan share the same disruptive payments vision and we are
pleased to open up our flexible multi-vendor, acquirer-agnostic solution
to work collaboratively with Verifone in support of Auchan. We believe
that many other major retailers will follow Auchan’s lead in helping to
shape European payments.”
Jean-Philippe Niedergang, VP and GM Southern Europe, Verifone says:
“At
Verifone, our focus is on delivering simple and secure payment solutions
that improve consumer engagement at the point of sale, allowing
retailers like Auchan to sell more and grow. Our proven
payment-as-a-service platform is already used by some of the biggest
brands in France and there are over 3.5 million VX 820 PIN pads
installed globally. Verifone will provide deployment and maintenance
services for Auchan to ensure its business is always on, and our
collaboration with ACI means this innovative retailer will have a
complete end-to-end solution that manages all types of payment and
non-payment transactions, delivering a great shopping experience.”
Arnaud Crouzet, Head of Group Global Payments Development, Auchan
Group comments:
"This new platform, which complies with the
nexo standards, is part of our strategy for a safer, more open and more
accessible European centralized payments platform. The partnership with
ACI Worldwide and Verifone means we will be able to work with open and
flexible solutions. Both companies are open-minded and understand our
needs for a new growing market.”
The new platform is expected to go live later in 2016 across all Auchan stores in France, providing the ultimate shopping experience for consumers.
About ACI Worldwide
ACI Worldwide, the Universal
Payments (UP) company, powers electronic payments for more than
5,000 organizations around the world. More than 1,000 of the largest
financial institutions and intermediaries as well as 300 of the leading global
retailers rely on ACI to execute $14 trillion each day in payments.
In addition, thousands of organizations utilize our electronic bill
presentment and payment services. Through our comprehensive suite of
software and SaaS-based solutions, we deliver real-time, any-to-any
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.
About Verifone
Verifone is transforming everyday
transactions into opportunities for connected commerce. We’re connecting
payment devices to the cloud—merging the online and in-store shopping
experience and creating the next generation of digital engagement
between merchants and consumers. We are built on a 30-year history of
uncompromised security with 29 million devices and terminals deployed
worldwide. Our people are known as trusted experts that work with our
clients and partners, helping to solve their most complex payments
challenges. We have clients and partners in more than 150 countries,
including the world’s best-known retail brands, financial institutions
and payment providers.
About Auchan Retail
Auchan Retail is the world's 11th
largest food retailer. It operates in 16 countries and employs 332,900
employees. It is structured into 3 channels: hypermarkets, convenience
stores and e-commerce. Auchan Retail manages a network of 962
hypermarkets and 2,874 convenience stores under the banners, 170 drives
and e-commerce, m-commerce and click & collect activities. In 2014, the
firm reached a consolidated revenue excluding taxes of €51.9bn.
© Copyright ACI Worldwide, Inc. 2016.
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