News

ACI supports Network International in EMV migration

June 16, 2005

WATFORD, England - ACI Worldwide, an international provider of enterprise e-payment solutions, has licensed ACI Smart Chip Manager to Network International, a credit-card and payment-services provider in the Middle East. Using ACI Smart Chip Manager, Network International will be the first provider in the Middle East to issue multiple application smart cards with both payment and loyalty functionality.

ACI's software also will help Network International with its Europay, MasterCard and VISA migration.

Network International is the first card provider in the Middle East to offer EMV-compliant debit cards featuring an integrated loyalty application.

"ACI has been making significant inroads with Middle Eastern banks and card providers in their EMV migration efforts," said Richard Launder, managing director at ACI Worldwide (EMEA). "Our experience with organizations worldwide is that some find it difficult to justify the cost of EMV migration beyond reducing fraud. Network International is proof that investment in EMV can also be used for customer retention and acquisition by introducing multiple applications on the chip cards."