ACI updates retail payments system to accept mobile wallets
17 August, 2012
category: NFC
Payment systems provider ACI Worldwide has released Retail Commerce Server 5.0, the latest version of the company’s integrated payment solution for acquiring, authenticating, switching and authorizing retailers’ financial transactions.
Targeted for the U.S. and Mexican markets, the updated Retail Commerce Server framework adds the ability to process payments initiated on mobile devices through the retailer’s existing payments infrastructure. According to ACI, this allows retailers to accommodate current and emerging mobile wallet applications without having to introduce major changes to their store operations.
Retail Commerce Server 5.0 also incorporates a new integration toolkit (ITK) that enables the merchant to integrate their POS application to the Retail Commerce Server payment flow. According to ACI, the ITK handles the message processing from the point of sale to the payment switch.