- ACI Worldwide and BitPay now offer crypto payments through one platform for global merchants.
- Over half of global retailers are considering crypto payments for daily business operations.
- Stablecoins help businesses complete faster and cheaper cross-border payments with fewer delays.
ACI Worldwide has partnered with BitPay to allow merchants to accept cryptocurrency payments through one streamlined platform. The collaboration introduces both cryptocurrencies and stablecoins to businesses using ACI’s Payments Orchestration Platform. This move comes as more retailers show interest in digital assets for global transactions.
The solution accommodates various currencies, and it allows settlement in both fiat and stablecoins. It does not require intricate infrastructure modifications and thus, merchants can set up easily. It is now possible to accept, store, and spend digital assets by businesses without technical interference.
Merchant Adoption on the Rise
A recent survey by ACI and Payments Dive shows 55% of global retailers are considering crypto payments. The figure indicates growing acceptance of digital currencies in daily trade. The platform is integrated with mobile point-of-sale and peer-to-peer payments.
Due to the increasing demand for digital assets, the collaboration provides merchants with tools to facilitate crypto transactions easily. It develops new revenue and customer contact prospects in local and international markets.
Streamlined Settlements and Operations
The system improves cross-border transactions with faster settlements and reduced fees. Businesses gain flexibility through stablecoin payments, which speed up treasury operations and supplier transactions. This enhances cash flow management across markets with varying regulations.
The orchestration platform merges payment gateways, providers, and methods into one interface. This structure cuts operational complexity and supports multiple payment rails. Data suggests that using multi-rail setups may boost sales by up to 13% for merchants.
Industry Momentum Around Stablecoins
The ACI and BitPay integration reflects wider trends in the payment industry. Stablecoins are taking off around the world, with other companies introducing zero-fee stablecoin transfers and bank-driven remittance offerings. For example, SUI and t’order collaborated to launch the Korean Won stablecoin. These trends reveal the increasing integration of stablecoins into business activities.
The partnership is based on the 2021 crypto features that ACI introduced and extended to provide more speed, transparency, and cost savings. The updates enable businesses to manage crypto without the need to spend a lot of money on new infrastructure.
The alliance also positions merchants to adapt quickly as regulations evolve. ACI’s platform continues to expand its ecosystem to meet new payment demands. In 2024, ACI Worldwide partnered with Ripple for rapid cross-border payments. By reducing the friction in adopting digital assets, the partnership supports scalable and future-ready payment models.
The collaborative effort will be geared towards meeting the increasing demand for a smooth and versatile international payment system. A single interface is now available to merchants and allows them to meet the current payment expectations of the various markets.
