ACI Worldwide and J.P. Morgan to offer greater payment options to merchants in Europe

By Megha Bhattacharya

ACI Worldwide has announced a collaboration with J.P. Morgan in a bid to enable merchants in certain European countries to deliver in-store payment acceptance capabilities to their customers. Through this collaboration, merchants will have a pre-certified and easy-to-onboard service combining J.P. Morgan’s European acquiring platform with the ACI Omni-Commerce solution to deliver in-store payment acceptance capabilities.

“We are keen to be in a position to support merchants as they navigate the post-lockdown era after a significantly challenging period of time,” said Basil Bailey, Head of Product for EMEA Merchant Services, J.P. Morgan. “ACI’s Omni-Commerce solution will play a key role helping us to do that.”

ACI Omni-Commerce is a secure, cloud-based, point-to-point encryption (P2PE)-validated payments platform, providing merchants with a safe, consistent and seamless payments experience across all channels, whether in-store, online or mobile.

“We look forward to supporting J.P. Morgan in expanding its merchant payment capabilities,” said Andrew Quartermaine, Vice President, ACI Worldwide. “ACI’s Omni-Commerce service simplifies merchants’ needs to serve customers in their modern omni-commerce buying journeys, taking payments in-store and from many digital touchpoints.”

Recently, ACI Worldwide announced partnering with BigDataCorp, a leading Latin American data specialist, to provide eCommerce merchants operating in Brazil with a CPF (Cadastro de Pessoas Físicas or Natural Persons Register) identity verification service, adding an extra layer of validation for genuine customers. The service enables Brazilian merchants to ensure only legitimate orders are approved. The CPF number, assigned to individuals by the Brazilian revenue agency, is a taxpayer registry identification number, that merchants can use to validate a purchase by checking if a customer is in good standing.

With the ACI Secure eCommerce and BigDataCorp solutions, merchants can send and cross-reference specific CPF data for validation, which allows them to safely transact with Brazilian customers and detect any fraudulent activity. The BigDataCorp solution works with ACI Secure eCommerce seamlessly to increase fraud detection accuracy without the need for any technical integration.