J.P Morgan partners with ACI to bolster European payments capabilities

J.P Morgan has collaborated with digital payments enterprise ACI Worldwide to help the latter provide its merchants with a more enhanced payment experience.

Founded in 1975, ACI is a global software company that provides mission-critical real-time payment solutions to corporations. The firm markets the ACI Omni-Commerce solution, which is a cloud-based, point-to-point encryption-validated payments platform that offers merchants a safe payment experience across multiple channels online and in-store.

According to ACI, due to the partnership merchants will be able to have a pre-certified and easy-to-onboard service that combines J.P’s European acquiring platform with its ACI Omni-Commerce solution.

This combination of services will enable ACI to deliver in-store payment acceptance capabilities for its customers.

ACI vice president Andrew Quartermaine said, “We look forward to supporting J.P. Morgan in expanding its merchant payment capabilities. 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.”

J.P Morgan head of product for EMEA merchant services Basil Bailey added, “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. ACI’s Omni-Commerce solution will play a key role helping us to do that.”

Back in 2019, ACI Worldwide released a new suite of tools to ensure businesses were prepared for the final parts of the EU’s Revised Payment Service Directive (PSD2) that came into action in September of that year.

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