Connect with us

Top Stories



ACI supports one of the world’s largest retailers in its multi-country, omni-channel electronic payment innovation strategy

ACI Worldwide(NASDAQ: ACIW), a leading global provider of electronic payment and banking solutionsannounced that Auchan Group, one of the world’s largest food retailers, has selected the company to deliver its new SEPA-compliant European card payments platform, the first of its kind in Europe.

Auchan Group is the world’s eleventh largest food retailer, spanning 15 countries. Auchan Group selected ACI’s market-leading, hosted retailer solution, Postilion, as the foundation of this new centralised card payments platform to manage all electronic transactions, through all channels (in-store, online and mobile)across Europe. The platform supports the new European standard EPAS protocol, which addresses the region’s numerous local standards and increasing regulations that have previously stymied growth for retailers.

More than 300 companies across the globe, including some of the world’s largest retailers, rely on ACI’s Postilion to facilitate numerous payment types at the point-of-purchase, allowing them to reduce costs and grow their businesses, independently from point of sale terminals, all in a secure environment in accordance with PCI DSS standards.

“Based on our successful pilot testing in France and Portugal, we knew that a centralised European card payments platform would soon become not only a reality, but a necessity. This new platform, which complies with SEPA standards, is a continuation of our corporate electronic payments strategy for safer, more open and more accessible European centralised acquiring,” said Arnaud Crouzet, Head of Group Global Payments Development, Auchan Group. “Working with ACI, an international company that fully understands and promotes European standards, will allow us to grow and innovate as we build on this broad initiative.”

“ACI and Auchan Group share the same disruptive payments vision and we are excited to help drive its ambitious omni-channel payments project with our hosted offerings,” said Paul Thomalla, Senior Vice President and General Manager, EMEA, ACI Worldwide. “We believe that many other major retailers will follow Auchan Group’s lead in helping to shape European payments.”

The platform will be jointly operated by ACI and OneyBanque Accord, the banking subsidiary of Auchan Group. It will run in ACI’s secure and fully compliant data center, which hosts banking and payment solutions for more than 4,000 financial institutions, retailers, and billers.

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now