ACI Worldwide’s Point to Point Encryption Solution Helps Protect South Africans’ Cardholder Data at Point of Sale

  ACI Worldwide’s Point to Point Encryption Solution Helps Protect South
  Africans’ Cardholder Data at Point of Sale

  ACI enables Ecentric, South Africa’s leading payments processor, to better
                  serve its customers’ PCI compliance needs

Business Wire

NAPLES, Fla. -- June 5, 2014

ACI Worldwide (NASDAQ: ACIW), a leading international provider ofelectronic
paymentand bankingsystems,today announced that Ecentric Payment Systems,
South Africa’s leading payments processor, is utilizing ACI’s Point to Point
Encryption (P2PE) solution to provide a more secure path for consumer
transactions initiated at many of the largest retailers in Africa.

P2PE is an emerging encryption techniquein the payments industrythat
protects sensitive cardholder data in transit—asit is transmitted froma
merchant’s store to itsacquiring bank. Ecentric processes nearly 400 million
transactions per year for retailers, and as more African markets develop and
mature and South African retailers expand into other countries across the
Continent, this number is quickly increasing. A long-standing ACI customer,
Ecentric has broadened this relationship and is relying on ACI’s P2PE solution
to protect sensitive cardholder data across its customer base.

“As payment technology advances across Africa, we are seeing tremendous growth
opportunities for retailers, resulting in greater choice for consumers. But
this growth also presents significant challenges—from protecting cardholder
data to reducing the scope and expense of PCI compliance for merchants and
related service providers,” said Mike Scott, Managing Director, Ecentric. “We
have a long-standing relationship with ACI and the company’s proven P2PE
offerings are at the foundation of our data protection strategy.”

“Protecting cardholder data is paramount to retailers and compromises can
result in devastating and immediate losses in terms of both business and
trust,” said Paul Thomalla, Senior Vice President and General Manager, EMEA,
ACI Worldwide. “With such high stakes, retailers and processors from around
the world are realizing the importance of secure and turnkey point to point
encryption and are turning to us to secure this sensitive data from the point
of origin.”

About ACI Worldwide
ACI Worldwide, the Universal Payments company, powers electronic payments and
banking for more than 5,000 financial institutions, retailers, billers and
processors around the world. ACI software processes $13 trillion each day in
payments and securities transactions for more than 250 of the leading global
retailers, and 21 of the world’s 25 largest banks.Through our comprehensive
suite of software products and hosted services, we deliver a broad range of
solutions for payment processing; card and merchant management; online
banking; mobile, branch and voice banking; fraud detection; trade finance; and
electronic bill presentment and payment. To learn more about ACI, please visit
www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2014.
ACI, ACI Payment Systems, the ACI logo and all ACI product names are
trademarks or registered trademarks of ACI Worldwide, Inc., or one of its
subsidiaries, in the United States, other countries or both. Other parties’
trademarks referenced are the property of their respective owners.

Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and timing
of future product releases remains at ACI’s sole discretion. ACI is providing
the following information in accordance with ACI's standard product
communication policies. Any resulting features, functionality, and
enhancements or timing of release of such features, functionality, and
enhancements are at the sole discretion of ACI and may be modified without
notice. All product roadmap or other similar information does not represent a
commitment to deliver any material, code, or functionality, and should not be
relied upon in making a purchasing decision.

Contact:

ACI Worldwide
Dan Ring, 781-370-3600
dan.ring@aciworldwide.com
 
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