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 email@example.com
ACI Worldwide’s Point to Point Encryption Solution Helps Protect South Africans’ Cardholder Data at Point of Sale
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