ACI Worldwide Acquires European FinTech Payment Components
Hey Payments Fanatic!
ACI Worldwide announced its latest strategic move.
The U.S. payments firm has fully acquired Greek FinTech Payment Components, including its IP, staff, and customer relationships.
Payment Components is trusted by 65 banks and institutions across 25 countries, and specialises in AI‑powered financial messaging, open banking, and A2A (account‑to‑account) payments.
Their technology will be integrated into ACI’s cloud‑native platform ACI Connetic — the only unified payments stack that brings together A2A payments, card‑processing, and AI‑driven fraud‑prevention in a single modular architecture.
Financial terms were not disclosed for this one.
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INSIGHTS
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NEWS
🇺🇸 ACI Worldwide acquires European FinTech Payment Components. ACI will integrate Payment Components technology into ACI Connetic, accelerating the roadmap of the industry's only cloud-native unified payments platform that seamlessly integrates account-to-account (A2A) payments, card processing, and AI-powered fraud prevention within a single, modular cloud-native architecture.
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GOLDEN NUGGET
𝐂𝐚𝐫𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐅𝐥𝐨𝐰 & 𝐂𝐚𝐫𝐝 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 by Travel & Payments 👇 Created by Arthur Bedel 💳 ♻️
At the heart of every card payment is a variety of participants, from merchants to banks, gateway, PSPs and card networks. Understanding how these parties interact is key to grasping the complexity of payment processing.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐂𝐚𝐫𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬:
► 𝐈𝐬𝐬𝐮𝐞𝐫 → Provides / Issues cards to customers (Revolut, Citi, Nubank)
► 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐫 → Processes merchant transactions, those include Acquiring Banks and PSPs with Acquiring licenses (Fiserv, Chase, Worldpay, Checkout.com, Payplug, Getnet)
► 𝐂𝐚𝐫𝐝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 → Connects Issuers, Acquirers and PSPs (Visa, Mastercard, GIE Cartes Bancaires)
► 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐆𝐚𝐭𝐞𝐰𝐚𝐲 → Connects merchants to acquirers, those include traditional gateways, orchestrators and PSPs - only listed traditional and orchestration in examples (ACI Worldwide, CellPoint Digital, DEUNA, Cybersource, Solidgate)
𝐇𝐨𝐰 𝐝𝐨𝐞𝐬 𝐚 𝐂𝐚𝐫𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐰𝐨𝐫𝐤?
1️⃣ 𝐒𝐭𝐞𝐩 𝟏: Customer visits a merchant’s website and enters their card details.
2️⃣ 𝐒𝐭𝐞𝐩 𝟐: Merchant sends the transaction request to an Acquiring Bank (Fiserv, Chase) via a Payment Gateway (ACI Worldwide, CellPoint Digital, DEUNA).
3️⃣ 𝐒𝐭𝐞𝐩 𝟑: The Acquirer forwards the request to the Card Network (Visa, Mastercard).
4️⃣ 𝐒𝐭𝐞𝐩 𝟒: The Card Network checks with the Issuing Bank to validate the transaction.
5️⃣ 𝐒𝐭𝐞𝐩 𝟓: If approved, the Issuer confirms the transaction, and funds are authorized.
𝐓𝐡𝐞 𝐂𝐚𝐫𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 — 𝐓𝐡𝐞 𝐅𝐞𝐞𝐬 𝐁𝐫𝐨𝐤𝐞𝐧 𝐃𝐨𝐰𝐧 💳
1️⃣ 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 $𝟏𝟎𝟎 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞.
2️⃣ 𝐈𝐬𝐬𝐮𝐢𝐧𝐠 𝐁𝐚𝐧𝐤 (Revolut, Citi) deducts an 𝐈𝐧𝐭𝐞𝐫𝐜𝐡𝐚𝐧𝐠𝐞 𝐅𝐞𝐞 ($1), sends $99 to Card Network.
3️⃣ 𝐂𝐚𝐫𝐝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 (Visa, Mastercard) deducts 𝐒𝐜𝐡𝐞𝐦𝐞 𝐅𝐞𝐞 ($0.50), sends $98.50 to Acquirer.
4️⃣ 𝐀𝐜𝐪𝐮𝐢𝐫𝐢𝐧𝐠 𝐁𝐚𝐧𝐤 (Fiserv, Adyen, Nuvei) deducts 𝐌𝐚𝐫𝐤𝐮𝐩 (~$0.30), sends $98.20 to the Merchant.
Notes:
► Payment Gateways also may take a transaction fee.
► All fee values mentioned here are just for an example. The IC varies between 0.2 – 2.1%, the scheme fee varies between 0.05 – 1.5% and Acquiring markup can vary from $0.02 to 1+%
► This model is different in a 3-party model (i.e. American Express)
𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐝 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐅𝐥𝐨𝐰 𝐄𝐱𝐚𝐦𝐩𝐥𝐞:
✔ $100 spent → Merchant receives $98.20.
✔ Total fees ($1.80) split between Issuer, Card Network, and Acquirer.
✔ Fees depend on card type, transaction type, and region.
Now you understand how card payments & the pricing behind it works!
Source: Travel & Payments
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