This is a unique Payment channel solution that further differentiates ACI in the bill pay market.
|Photo Credit: LD Systems|
A leading global provider of electronic payment and banking solutions, ACI Worldwide, has announced a strategic partnership with an international provider of ATMs, financial equipment and technology services LD Systems. The collaboration will enable LD Systems’ clients to offer quick, easy and safe bill pay options at kiosks across the United States.
Senior vice president of ACI Worldwide Eric Labiak, said:
"LD Systems adds another payment channel solution we can offer clients, in particular, in the government and utility space. This is a unique payment channel solution that further differentiates ACI in the bill pay market.
“As walk-up, in-person, over-the- counter payments continue to play a significant role in the public sector, the LD Systems partnership brings an added value service with customizable payment kiosk solutions capable of taking credit, debit card and check payments, as well as future money transfer capabilities.”
By partnering with ACI, LD Systems’ clients will gain access to the company’s integrated Electronic Bill Presentment and Payment (EBPP) Services, which offer the broadest options for delivering electronic bills and receiving electronic bill payments, resulting in significant cost savings for biller clients and considerable convenience for their customers
ACI's electronic bill payment services deliver choice of payment types (one-time, recurring, fee-based), channels (web, mobile, IVR or call center) and funding options (ACH or credit, debit or prepaid) to meet the needs of every consumer segment.
On his part, Chief Executive Officer of LD Systems, Cliff Dean, said:
“Many government municipalities and utilities lack the resources to develop advanced bill pay solutions and recognize the significant value of utilizing a full-service payment services provider.
“And as budget-minded government municipalities and utilities across the country evaluate cost savings and efficiency initiatives, LD Systems offers a cost-effective, multi-channel solution for these organizations, thanks to ACI.”
LD Systems offers highly customizable kiosks with electronic payment functionality for myriad options including: self-serve banking transactions, utility payments, court fines & fees (civil, family, criminal), property tax, toll tags, DMV motor vehicle tag renewals, parking & traffic citations and more. The kiosks can also be configured for ATM functionality with cash dispense capabilities.
Electronic Bill Presentment and Payment (EBPP) Services are part of ACI's UP Bill Payment solution. ACI's Universal Payments (UP) portfolio of solutions orchestrates all aspects of payments processing for any payment type, any channel, any currency and any network.
About ACI Worldwide
ACI Worldwide, Inc., the Universal Payments company, powers electronic payments and banking for more than 5,000 financial institutions, retailers, billers and processors around the world.
ACI software processes $13 trillion each day in payments and securities transactions for more than 250 of the leading global retailers, and 21 of the world’s 25 largest banks. Through our comprehensive suite of software products and hosted services, we deliver a broad range of solutions for payment processing; card and merchant management; online banking ; mobile, branch and voice banking; fraud detection ; trade finance; and electronic bill presentment and payment.