Payments

ACI Worldwide is Expanding its Payments Solutions to New Areas

MEDICI

ACI Worldwide, one of the leading global providers of electronic payment and banking solutions, recently announced that Pennsylvania-based Eastern University has selected the company to power its payment plan and tuition payments across multiple channels. With an enrolment of about 4,000 undergraduate and graduate students, Eastern University wanted a proven electronic payment system that required no additional programming to integrate with its ERP system.

The University also wanted technology that provided a low total cost of ownership. ACI’s UP Bill Payment Solution as well as its integrated strategic partnership with Ellucian made it the school’s ideal payment partner. ACI is a market leader in providing bill payment systems to colleges and universities with more than 300 higher education institutions in the United States and Puerto Rico utilizing its payment processing solutions.

For more than twenty years, colleges and universities have relied on ACI’s solutions to provide students and parents with convenient and engaging methods to pay tuition and fees—phone, web and in-person payment systems for 24/7/365 convenience and security.

“With the rising cost of university education across the country, we are pleased to provide Eastern University with an easy and engaging way for their students’ families to set up payment plans,” said Scott Fitzgerald, vice president at ACI Worldwide, in an official press release. “More colleges and universities are turning to ACI’s UP Bill Payment Solution for tuition payments.”

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 comprehensive suite of software products and hosted services, the company 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.

MEDICI Team

MEDICI

MEDICI Team is a group of content writers, bloggers, journalists, researchers, and editors from the MEDICI team who collaborate to create FinTech insights.

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