Co-op renews deal with ACI Worldwide for secure and scalable payment solutions

ACI Worldwide, a global leader in payments technology, and Co-op, a major UK convenience retailer, have announced the extension of their strategic partnership.

ACI Worldwide, a global leader in payments technology, and Co-op, a major UK convenience retailer, have announced the extension of their strategic partnership.

This agreement ensures that Co-op will continue leveraging ACI’s Payments Orchestration Platform to support its in-store, online, and mobile payment systems, including end-to-end payments and fraud management.

The partnership extension reinforces Co-op’s commitment to secure and seamless payment experiences for customers. With a network of approximately 2,400 stores across the UK, Co-op has relied on ACI’s technology to enhance its payments infrastructure, ensuring efficiency and security.

ACI Worldwide provides innovative payments software that enables merchants globally to design, configure, and manage payment solutions securely and efficiently.

The company’s technology is widely recognised for its fraud prevention and payment processing capabilities.

Co-op, a well-established UK retailer, focuses on providing convenient shopping experiences across towns, villages, and cities. With a strong emphasis on digital transformation, the company continues to invest in technology to improve customer service and payment security.

As part of this collaboration, Co-op has successfully migrated its entire stack of payments and fraud prevention software into ACI’s multi-tenant cloud platform, hosted on Microsoft Azure. This transition enhances scalability, security, and data protection, ensuring robust payment processing across all channels.

ACI Worldwide’s general manager of payment software, Erich Litch, highlighted the company’s strengths, stating, “ACI Worldwide has a long and successful track record of delivering innovative merchant payment and fraud prevention capabilities. ACI’s market-leading payments software solutions provide merchants across the globe with the flexibility to design and configure new products quickly while managing payments effectively and securely.”

Nick Craig, head of Europe at ACI Worldwide, added, “We are excited and proud to extend our longstanding partnership with Co-op. ACI’s cutting-edge technology will allow Co-op to continue to scale and launch new, complex innovative projects, underscoring its position as one of the leading retailers in the U.K.”

Paul Fletcher, head of payments at Co-op, also emphasised the importance of the continued partnership, stating, “We are pleased to continue our longstanding and successful partnership with ACI Worldwide. Co-op is growing and investment in new technology supports our work to ensure an easy, quick and convenient shopping experience for shoppers. We aim to operate the best small shops, and our partnership with ACI Worldwide enables us to provide increased payment security, choice and convenience.”

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