Interswitch, ACI Worldwide Lead Digital Payment Transformation with Strategic Partnership/Innovative Technologies

Interswitch, one of Africa’s leading integrated payments and digital commerce companies, in partnership with ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, recently hosted a high-profile customer engagement session at the Eko Hotel and Suites in Lagos. The event which highlighted the role of both companies in the development of the African payment ecosystem, also showcased various cutting-edge payment solutions aimed at further transforming the financial ecosystem across the continent.

The session focused on boosting digital payments by exploring transformative strategies and leveraging innovative solutions to enhance business development and revolutionize the payment landscape.

Industry experts at the event provided insights on modern strategies and trends in the financial sector, highlighting ways to leverage technology to unlock opportunities, scale operations, and drive business growth.

Mitchell Elegbe, Founder and Group Managing Director of Interswitch Group emphasized the significant contributions of the collaboration between Interswitch and ACI to the digital payment ecosystem in Africa.

“Interswitch’s long-standing partnership with ACI Worldwide has been instrumental in advancing Nigeria’s digital payment ecosystem. This collaboration has driven significant advancements in payment technology, streamlining processes, enhancing security, and fostering economic growth while promoting financial inclusion across the country,” said Elegbe.

Elegbe also noted that by combining ACI’s global expertise with Interswitch’s deep understanding of the local market, the partnership has consistently delivered innovative solutions tailored to the specific needs of Nigerian businesses and consumers, transforming the nation’s financial landscape.

Santhosh Rao, Vice President of MEASA at ACI Worldwide, elaborated on ACI’s vision for the African financial services sector, emphasizing the company’s commitment to continuous innovation and support for business growth.

“As a global leader in mission-critical, real-time payments software, ACI is dedicated to driving transformative change and sustainable growth within the African financial sector. Our vision is to empower institutions with innovative technologies that enhance operational efficiency, deepen financial inclusion, and elevate customer experiences. Through strategic partnerships and cutting-edge solutions, ACI aims to catalyze digital transformation and advance the financial landscape across Africa,” said Rao.

Jonah Adams, Managing Director of Digital Infrastructure and Managed Services (Interswitch Systegra) stressed the importance of collaboration to unlock the pan-African payments ecosystem, boosting commerce and economic development.

“It is imperative for financial players to recognize the transformative potential of key partnerships and collaboration in boosting commerce and driving economic growth across Africa. Through co-creation and collaboration, businesses can unlock new opportunities and facilitate seamless transactions that transcend borders,” Adams said.

The event also featured interactive sessions where participants engaged with professionals from Interswitch and ACI Worldwide. Attendees explored the functionalities and benefits of ACI’s payment solutions, asked questions, shared feedback, and gained a more comprehensive understanding of how these solutions can enhance their financial operations. The session also provided networking opportunities with industry leaders, peers, and potential business partners.

By hosting this customer engagement session, Interswitch and ACI Worldwide have demonstrated their commitment to redefining the payments landscape in Africa. The event fostered collaboration aimed at building a more robust, secure, and inclusive payments ecosystem that will empower Africa’s financial future.