Westpay AB, a leading payment solution provider, and ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, have signed a cooperation agreement. The partnership will extend Westpay’s current payment solutions for instore applications with state-of-the-art eCommerce capabilities, thus forming a market leading offering for Integrated Commerce. First commercial customer installations will commence in Q2 2022. The new offering will add further transaction revenues to Westpay’s revenue mix.

One of the most significant changes during the past years has been the greater adoption of eCommerce and the rise in online shopping. However, the in-store environment is still, for many merchants, the place where the majority of the transactions take place. With the integration of ACI Secure eCommerce, Westpay can link the areas of eCommerce and Instore together. Managing payments and consumer interaction seamlessly, regardless of what payment method is used or where the transaction originated or where it was completed. That is what Integrated Commerce is all about.

Benefits of Westpay’s Integrated Commerce for Merchants:

• One-stop-shop as an overall service – combination of proven in-store solution with powerful new eCommerce offering
• New eCommerce offering includes powerful gateway with access to an extensive global payments network and multi-layered fraud management
• Customers and consumers benefit from a seamless payment experience no matter what channel
• Customers have access to all aggregated data in one portal
• Increase revenue and conversion rates

“Our in-store solution is well proven and used by some of the biggest merchants in the Nordics. By offering Integrated Commerce to our customers, we are completing the next step in our evolution, said Sten Karlsson, CEO at Westpay. “Working with ACI Worldwide as our eCommerce partner, ensures that we have a reliable, scalable, and future proof solution. Just what we wanted, when we decided to position ourselves as a leading provider within Integrated Commerce.”

“We are delighted to partner with Westpay to advance the company’s Integrated Commerce Offering,” said Debbie Guerra, Head of Merchant Payments, ACI Worldwide. “ACI has the know-how, relevance, and portfolio to complement Westpay’s instore payment offering, in order to help merchants increase conversion rates and grow their businesses, by making payments part of a smooth, seamless and secure customer journey.”

ACI Secure eCommerce is a holistic platform that combines a powerful payments gateway offering merchants access to an extensive global payments network. It offers full support for compliance with strong customer authentication requirements under PSD2, it includes a multi-layered fraud management solution to maximize conversion, control fraud rates and manage chargebacks.