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ACI Worldwide and India1 Payments to Expand ATM access in Rural India

Source: CXO Today

ACI Worldwide, a global leader in mission-critical, real-time payments software, has announced it has completed an installation upgrade with India1 Payments Ltd, India’s largest white label ATM operator, to accelerate and increase last mile delivery of payments and financial services to India’s financially excluded.

The implementation has enhanced India1 Payments current 11,000 ATMs with ACI’s latest technology, which has created capacity for expanding the ATM network in the coming years. The primary focus for the payments giants is to ensure that semi-urban and rural (SURU) markets benefit from India’s rapid digitalization and real-time payments explosion.