ACI Worldwide and RS2's New One-Stop Payments Solution in Brazil
![ACI Worldwide and RS2's New One-Stop Payments Solution in Brazil](/content/images/size/w1200/2024/06/pixelcut-export.jpeg)
Hey FinTech Fanatic!
ACI Worldwide and RS2 have partnered to deliver a comprehensive solution for acquirers and issuers in Brazil.
This collaboration merges ACI's and RS2's strengths in acquiring and issuing, aiding financial institutions, integrated software vendors, payment facilitators, independent sales organizations, and payment processors in their digital transformation.
The new cloud-enabled platform allows merchants, banks, and payment service providers to efficiently launch new products and services via configuration portals that seamlessly integrate with third-party platforms. This integration ensures platform security, reduces operational costs, and boosts revenues. Supported by ACI's Fraud Management and Payments Intelligence, it provides real-time fraud management through advanced machine learning, predictive analytics, and expertly defined rules.
The platform is certified for Brazil and complies with local regulatory requirements and card scheme standards.
Key benefits of the platform include:
Acquiring: For the first time in Latin America, the joint solution is offered as a software as a service, enabling financial players to quickly and cost-effectively start a new acquiring business. It enhances the merchant experience, manages interchange fee risk, and simplifies global compliance.
Issuing: Issuers and processors benefit from a single consolidated platform for all card types, including credit, debit, pre-paid, and domestic cards, as well as new payment methods like wearables. This allows them to provide better service, more options, and increased fraud protection to customers.
Enjoy more FinTech news I listed for you below, and let me know if there is any news I might have missed!
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PAYMENTS NEWS
๐ง๐ท ACI Worldwide, a global leader in mission-critical, real-time payments software, and RS2, a payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best of ACIโs and RS2โs acquiring and issuing capabilities.
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