Planet Payment, ACI Launch UnionPay’s SecurePlus
Planet Payment Inc., a provider of international payment processing services, and global processor ACI Worldwide are working together to bring UnionPay International’s SecurePlus solution to merchants eager to accept the Chinese issuer’s debit and credit cards with less customer friction and more currency options.
SecurePlus offers enhancements over existing solutions by enabling transactions without rerouting to a UnionPay Hosted Payment page, which can cause delays, and supports recurring payments, one-click payments and tokenization services, according to the companies.
UnionPay is one of the largest bankcard associations in the world, with more 6.5 billion cards issued worldwide. More than 38 billion transactions were made on UnionPay cards in 2016, making it the third-most used card brand in the world, according to the Nilson Report.
With ACI and Planet Payment’s SecurePlus offering, merchants also will be able to price and sell goods in multiple currencies, such as Chinese renminbi, Hong Kong dollars, U.S. dollars and Singapore dollars.
“ACI Worldwide is excited to work with Planet Payment to be one of the first to bring UnionPay’s SecurePlus to market,” said Wolfgang Berner, vice president, product line manager at ACI Worldwide. “This solution is a great benefit to our merchants—generating considerable interest in the travel and airline space—by helping them to more effectively access billions of UnionPay credit and debit cardholders with a seamless checkout process.”
Related stories:
- Innovators’ Spotlight: Planet Payment
- Co-op Selects ACI Worldwide to Power Wallet Service
- Samsung Pay Is Now Available in China with China Union Pay
