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Eafricalab and ACI Worldwide Drive Payments Modernisation Across Africa

ACI Worldwide, the provider of real-time electronic payment and banking solutions, has announced that Eafricalab will utilise its UP Retail Payments solution for Postillion to better serve consumers across 25 African countries. Eafricalab is a African processor, providing payments processing for customers across the banking, retail, microfinance, telecoms and local government sectors.

ACI’s payments platform will empower Eafricalab to modernise its payments offering, fostering further innovation and financial inclusion across the continent. Eafricalab will utilise ACI’s UP Retail Payments solution for Postillion which provides seamless configuration and scripting, allowing the processor  to quickly launch new value-added payments services for its clients, including card management, gift cards and prepaid solutions. In addition, Postilion will enable the company to process modern electronic payments, such as non-card withdrawals, retailer transactions and new alternative payment methods.

“We are excited to adopt ACI’s proven payments technology, which will allow us to offer new payments capabilities as well as stronger services to our clients,” said Simplice Anoh, CEO, Eafricalab. “Together with ACI, we are committed to leading the digital payments revolution across Africa.”

“This new partnership reaffirms our commitment of enabling rapid innovation for the African market with cutting-edge payment solutions,” said Manish Patel, vice president, Middle East, Africa and South Asia, ACI Worldwide. “ACI’s UP Retail Payments solution for Postillion enables new, digital payments to be offered in any marketplace, ensuring that processors, acquirers, payment card networks and banks are able to participate in the new payments ecosystem.”

Author

  • Editorial Director of the The Fintech Times

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