Axerve and ACI Worldwide to offer enhanced payment orchestration

By Gloria Methri

Italy-based FinTech Axerve has partnered with ACI Worldwide to offer enhanced payment orchestration services to eCommerce merchants across the UK, Europe, and the US.

The partnership aims to provide merchants with improved payments orchestration and fraud prevention services, to increase their payments acceptance, improve security, and boost their conversion rates and revenues.

According to EcommerceDB, as of 2021, there are more than 59 million eCommerce consumers in the UK alone. This number is estimated to reach 62 million by 2025.

The integration of ACI Secure eCommerce and Axerve’s payments orchestration platform aims to provide merchants and their consumers with personalized and integrated payment orchestration solutions.

Alessandro Bocca, CEO of Axerve, said, “Axerve is delighted about this new strategic partnership with ACI Worldwide, which is such an important player in the payments software world. Thanks to payments orchestration, Axerve and ACI will manage the interoperability between all the transaction processes and simplify payment configurations thanks to a new proprietary software architecture. With the support of ACI Worldwide’s state-of-the-art payments technology and software, Axerve will be able to offer our merchants and customers an optimization strategy of payments to reach maximum conversion and smoother customer journeys.”

Some of the key benefits of the partnership for merchants include:

• Boost in conversion rates and revenues
• Instant access to hundreds of local and cross-border acquirers, card, mobile, and digital payment methods
• Real-time, multilayered fraud management capabilities
• Access to all aggregated payments data in one single portal
• Automatic reconciliation allows merchants to save on internal resources and time

Basant Singh, global head of merchant segment, ACI Worldwide, said, “We are delighted to partner with Axerve to advance the company’s leading offering of technology solutions. ACI Secure eCommerce gives thousands of merchants and PSPs globally the tools and technology to increase conversion rates and grow their business by making payments part of a smooth, seamless, and secure customer journey. Our orchestration solutions for merchants are targeted at helping them to sell more, lose less, and maximize margins.”