ACI Launches Prepaid Solutions

New York - 12 November 2007

Building on more than 30 years of leadership in the payments industry, ACI Worldwide (NASDAQ: ACIW), an international provider of software for electronic payment systems, today announced the introduction of ACI prepaid solutions. Preconfigured to automate critical business processes related to prepaid cards, ACI solutions address the demand from retailers and financial institutions to meet the needs of their growing prepaid programmes. The solutions can be implemented as a complete suite or a on a modular basis depending on customer requirements.

“This new offering will help our customers address the rapidly growing prepaid marketplace and represents a logical extension of ACI’s traditional role as a payments solution provider,” said Richard Launder, president of ACI global solutions. “As these programmes grow and change, customers need highly flexible and scalable solutions to ensure they are as responsive efficient as possible.”

The prepaid market is one of the fastest growing payment card segments in the world. Mercator Advisory Group predicts that between 2007 and 2010, the open-loop, branded (MasterCard, Visa, American Express and Discover cards) prepaid market will experience an average loading of US$105 billion while the closed-loop, private label (retailer gift cards) prepaid market will see average loading of US$214 billion. Boston Consulting Group has estimated the global prepaid market to approach US$650 billion by 2010.

ACI’s new solution includes the capabilities to automate the entire prepaid cycle from authorisation, account management, clearing and dispute management to fraud detection and management, and can be implemented as a total solution or as components modules. In addition, ACI prepaid solutions are available either as a licensed product or as a hosted solution, delivered on-demand. The on-demand model is designed to unburden the customer from the complications of supporting an in-house software deployment while allowing them to bring up new prepaid programmes quickly and cost-effectively.

ACI’s prepaid solutions can accommodate multiple prepaid product programmes through a single system and offer expandability to support not only prepaid programmes, but also enterprise-wide card programmes, such as debit and credit.

“It is time for large scale prepaid programmes to be supported by current technology, offering the best of product flexibility and scale,” added Launder. “ACI’s solutions will offer customers more control to meet the changing needs of the prepaid marketplace while improving overall programme profitability.”

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