ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced new mobile wallet payment and loyalty capabilities.
The new capabilities will enable consumers to view bills from their Apple Wallet or Google Pay plus provide the ability to make payments from their smartphones.
ACI unveiled these new features in conjunction with its acquisition of Speedpay from Western Union – a direct result of the purchase of Western Union’s next-gen mobile wallet Walletron business.
“Today’s consumers expect a bill pay experience that is quick, easy and digitized, and with billing and payment among an organisation’s most frequent and most important touchpoints, customer experience is paramount,” said Sanjay Gupta, executive vice president, ACI Worldwide.
“We are excited to welcome the Walletron team as we shape the future of bill pay.”
Walletron is used by more than 6 million consumers in more than 100 countries, its network manages more than 12 billion bills.
In October 2018, ACI and Walletron first announced a strategic relationship; ACI said the addition will further strengthen its position within the US electronic bill pay and presentment (EBPP) market.
Gupta contiued: “As more consumers utilise mobile devices to view and pay bills, organisations must be able to present bills in a mobile-friendly way.
“The combination of ACI’s bill payments platform and Walletron’s next-generation mobile wallet billing technology delivers consumers a digital bill pay experience unmatched in the industry.”
Financial details of the Walletron acquisition were not disclosed.