Tuesday, November 9, 2010

In the Mobile Payments Frenzy, can Retailers Trust ACI to Help?

     Today, Mobile Payments is all the buzz in the treasury and marketing departments of retailers globally.  For good reason.  Starbucks has risen again financially and now has an iPhone app for loyalty, linked to payment - no plastic - but lots of cool technology. But is cool secure? Retail finance and treasury pros challenge mobile payments as viable while their marketing cohorts reiterate that social sizzle sells!  Both groups have valid points..so how do you implement with the confidence that your taking advantage of social networking while you protect customer data, your transaction cost structure and company integrity?

     Companies like Sears, Walgreen, Domino's Pizza, Target, Ross Stores and other top 25 NRF retailers put their trust in ACI Payment Systems to drive yearly savings of over $20 Million on card based transaction fees while leveraging payment best practices (PA-DSS) enabling software.  Weeks after implementing ACIs proven financial transaction payment solution, these retailers saw hard dollar savings and a sustainable bump in same store profits.  We can't share the actual dollar results but a small % of these retailers revenue line is a big number. 

     Now with mobile payments looming as a viable tender type for multi-channel retailers, ACI is poised to channel transactions virutally with Retail Commerce Server and the ACI Commerce Gateway. 

Learn more about "How to consolidate your payment transactions and reporting" here: 

http://www.aciworldwide.com/igsbase/igstemplate.cfm/SRC=DB/SRCN=/GnavID=27/SnavID=74#tabbox3

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Which of these is the biggest advantage to running your own payment switch?