ACI Worldwide collaborates with national banks to link UAE’s real-time payments scheme

Instant Payments Platform, set to go live in October 2022, aims to provide best in class payments services, promote financial inclusion and increase financial stability in the United Arab Emirates.

ACI and Mastercard to collaborate and provide real-time payment solutions

ACI Worldwide and Mastercard announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.