ACI Worldwide and Mexipay have extended their partnership to enhance Mexico’s real-time payments ecosystem.
The partnership aims to drive the adoption of instant payments in Mexico, fostering economic growth and financial inclusion for businesses and consumers. By leveraging ACI’s Digital Central Infrastructure solution, Mexipay will address the need for enhanced real-time payment services, providing new payment options and revenue opportunities.
ACI Worldwide offers advanced payment technologies and solutions across 26 domestic and pan-regional real-time schemes globally, including 10 central infrastructures. It supports central banks, participant banks, FinTechs, and other payment service providers, reaching approximately one-third of the countries offering real-time payment services.
Mexipay specializes in boosting ISO 20022 real-time payments and modernizing legacy payment technologies. Its platform, built around ACI’s Enterprise Payments Platform, offers access to real-time payments for small and medium banks, merchants, governments, and other payment participants in Mexico, promoting a more inclusive payments ecosystem.
Alberto Olivares, head of Latin America at ACI Worldwide, said, “We are excited to extend our partnership with Mexipay to bring the benefits of real-time payments to the Mexican economy.
“Latin America is one of the most exciting growth regions for our company. Partnering with fintechs and new market entrants is crucial to drive the advancement of real-time payment ecosystems. Mexico has a fantastic opportunity to maximize the use of its real-time rails and replicate the success of other countries in the region to drive economic growth and financial inclusion.”
Fabian Uribe, co-founder and CEO of Mexipay, added, “We are proud to be partnering with ACI Worldwide, the global leader in real-time payments technology and software.
“This is a transformational partnership that will optimize Mexipay’s technological and market penetration capabilities to help government, public, and private sectors to advance the use of real-time payments in Latin America.”
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