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Online Payments

Banred selects ACI to drive digital payments in Ecuador

Wednesday 10 April 2019 | 01:34 PM CET

Interbank network Banred has selected ACI Worldwide`s UP Retail Payments solution to drive digital payments for Ecuador`s banks and merchants.

The latest move builds on the two companies` existing partnership, and Banred expects the solution to support its addition of new services including real-time interbank funds transfers.

UP Retail Payments combines the features of existing systems with next-generation technologies. It supports open API strategies using the Universal Payments Framework’s API Manager capabilities.

Earlier in 2019, ACI Worldwide has announced that Eafricalab will utilise its UP Retail Payments solution for Postillion, to better serve consumers across 25 African countries. For more information about ACI Worldwide, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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