1/16/2012 ACI Worldwide and USFSG Partner to Help Retailers Manage and Reduce Interchange Fees
Uncovering Cost Savings in Today's Dynamic Regulatory Environment
NEW YORK, Jan. 16, 2012 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW), a leading international provider of payment systems, today
announced that it has partnered with US Financial Services Group (USFSG) to offer consultancy services to ACI's retail customers to help them reduce the costs
involved in accepting card payments. USFSG is a professional services and consulting group that engages with many of the largest companies in America to
assist in reducing merchant credit and debit card processing expenses.
This partnership will enable USFSG to deliver tailored services and consultancy to ACI's customers and, in turn, will have a deeper knowledge of ACI's
technology when giving recommendations to other clients about how to manage their payments processing expenses.
Louis Blatt, SVP Strategic Planning and Marketing at ACI Worldwide, said, "Interchange fees account for most of the payment acceptance costs so it is essential
that systems and processes are as efficient as possible to minimize costs. This partnership will enable us to work with our customers to deliver a positive impact
on their overall cost per transaction. USFSG has a long history in the complex world of interchange and payment processing, and I am pleased that we work with
them to deliver additional services to our customers."
The consultancy services look at all areas of a retailers payment systems to identify any possible areas for improvements, such as errors in billing, contracts,
interchange downgrades caused by incorrect point of sale settings, unneeded services being billed, or incorrect employee procedures. USFSG experts have
already helped deliver almost $100 million in cost savings to merchants.
About ACI Worldwide
ACI Worldwide powers electronic payments for more than 800 financial institutions, retailers and processors around the world, with its broad and integrated suite
of electronic payment software. More than 90 billion times each year, ACI's solutions process consumer payments. On an average day, ACI software manages
more than US$12 trillion in wholesale payments, and for more than 160 organizations worldwide, ACI software helps to protect their customers from financial
crime. To learn more about ACI and understand why we are trusted globally, please visit www.aciworldwide.com. You can also find us on
www.paymentsinsights.com or on Twitter @ACI_Worldwide.
USFSG engages with many of the largest companies and financial institutions in America, specifically to assist in reducing merchant credit and debit card
processing expenses. US Financial Services Group is a professional services and consulting group widely recognized as one of the top industry leaders. In
business since 2004, our client base is almost exclusively Fortune 1000 clients, capital markets firms and other consulting agencies. To learn more about
USFSG, please visit www.usfsg.com
CONTACT: Catherine Eyres
+44 1923 812741