ACI Worldwide and RYVYL EU Collaborate to Boost Merchant Payments in Central Eastern Europe
Miami, Florida ACI Worldwide (NASDAQ: ACIW), a leading provider of real-time payments software, has announced a strategic partnership with RYVYL EU, a prominent payments service provider and acquirer in Central Eastern Europe (CEE), with the aim of helping merchants in the region increase their revenues through improved transaction conversion rates.
RYVYL EU, an EU-regulated electronic money institution based in Sofia, Bulgaria, is a wholly owned subsidiary of RYVYL Inc. (NASDAQ: RVYL), a global player in the payments industry. This collaboration represents a significant step forward in expanding ACI Worldwide’s reach in the CEE market and leveraging RYVYL EU’s expertise in the region.
By combining ACI Worldwide’s cutting-edge payment solutions with RYVYL EU’s extensive network and local market knowledge, this collaboration seeks to empower merchants in Central Eastern Europe with the tools and capabilities needed to enhance their payment processing capabilities. This, in turn, will allow them to improve customer experience and boost their revenues.
ACI Worldwide offers a comprehensive suite of solutions that enable businesses to enable real-time payments and optimize their payment systems for speed, security, and efficiency. Their Enterprise Payments Platform, recognized and awarded in the industry, provides a secure and reliable infrastructure for seamless payment processing, ensuring that merchants can handle large transaction volumes quickly and securely.
RYVYL EU, with its established presence in Central Eastern Europe, is well-positioned to support ACI Worldwide in their mission to empower merchants in the region. By leveraging RYVYL EU’s extensive network of acquiring banks, merchant service providers, and payment card acquirers, ACI Worldwide can connect merchants to a wide range of payment options and methods, thus optimizing conversion rates and revenue streams.
Speaking about the collaboration, representatives from ACI Worldwide and RYVYL EU expressed their excitement for the joint venture and the potential benefits it holds for merchants in Central Eastern Europe. The partnership aims to drive innovation and growth in the region’s payment landscape, while also providing merchants with the necessary tools to succeed in an increasingly competitive market.
In conclusion, ACI Worldwide’s collaboration with RYVYL EU is set to revolutionize the payment industry in Central Eastern Europe. By combining their expertise and resources, these two industry leaders are poised to empower merchants with the tools and capabilities needed to boost their payment processing efficiency and improve customer experience. This strategic partnership promises to drive innovation and growth in the region’s payment landscape while delivering tangible benefits to merchants and consumers alike.
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