The rapid growth of ecommerce payments has increased demand for flexible, global payment infrastructure that can support a wide range of payment methods while maintaining strong fraud prevention capabilities. As merchants expand internationally and consumers adopt alternative payment options, payment providers are looking to build more comprehensive platforms that simplify acceptance across channels and markets.
ACI Worldwide’s acquisition of PAY.ON reflects this trend toward integrated ecommerce payment gateway solutions. By combining PAY.ON’s extensive global connectivity with ACI’s existing payment processing and fraud management capabilities, the company strengthens its position in the competitive omnichannel payments market while expanding its software-as-a-service offerings.
ACI has acquired PAY.ON, a cloud platform that delivers acquirers a complete eCommerce payment gateway solution that includes support for over 300 payment types and deep technology to manage fraud:
“NAPLES, Fla.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, and PAY.ON, a leader in eCommerce payment gateway services, today announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI will acquire 100 percent of the equity of PAY.ON in a combination of cash and stock valuing the company at €180 million (approximately $200 million).
Based in Munich, Germany, PAY.ON delivers a white label global payment gateway solution to payment services providers (PSPs) and acquirers globally. PAY.ON’s solution features connectivity to more than 300 alternative payment methods and card acquirers in more than 160 countries. This global coverage helps merchants and PSPs to increase international revenues, dramatically reduce costs and risk, and accelerate market expansion.
PAY.ON’s advanced SaaS-based eCommerce gateway solution complements and strengthens ACI’s UP Retailer Payments offering, positioning ACI as a highly differentiated omni-channel payments leader. The combined ACI/PAY.ON solution provides merchants and PSPs the ability to deliver a seamless omni-channel customer payment experience in any retailer modality – in store, mobile, online – with both on premise and SaaS delivery options.”
This acquisition leverages the ACI acquisition of Retail Decisions (ReD) in August of last year, as PAY.ON utilizes ReDs fraud management solutions, and provides ACI a fully rounded SaaS based payments solution.
Conclusion
The acquisition positions ACI Worldwide to offer a more complete ecommerce payment gateway solution that combines payment acceptance, alternative payment methods, and fraud prevention within a unified platform. The addition of PAY.ON’s global reach and cloud-based architecture enhances ACI’s ability to support merchants and payment service providers operating across multiple markets and channels.
As ecommerce continues to grow worldwide, merchants increasingly need scalable payment platforms that can accommodate evolving consumer preferences and international expansion. By integrating PAY.ON’s capabilities with its existing portfolio, ACI strengthens its competitive position and creates a more comprehensive ecommerce payment gateway solution for the global payments ecosystem.
Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group
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