Two integrated platforms to provide better debit network

[img_assist|nid=7277|title=|desc=|link=none|align=left|width=100|height=62]MasterCard Integrated Processing Solutions(tm) (IPS), a new platform of MasterCard to deliver to banks high-quality payment network, card issuing services with PIN, signature, debit and prepaid processing as well as ATM driving, will integrate ACI's next-generation payments solutions.

ACI's BASE24-eps which is the retail payment "engine" for the MasterCard platform was designed to acquire ATM transactions, fulfill transactions clearing and other functions related to electronic payment.

"The integration between ACI's BASE24-eps and the MasterCard IPS platform puts a powerful tool at the hands of banks to manage their accounts and to differentiate themselves in today's marketplace. The intricacies of the MasterCard IPS platform are facilitated by ACI's Payments Manager and put into a single connection for the end-user," said Adil Moussa, analyst with Aite Group, a leading independent research and advisory firm focused on business, technology and regulatory issues relating to the financial services industry.

Advanced architecture of BASE24-eps allows to intelligently authenticate, authorize and route transactions. Besides it supports up-to-date ATM functions from best vendors. Due to such features MasterCard can offer customized and adaptable widgets to its customers.

"MasterCard sought the most advanced in-production payments solutions in the industry to help drive the payment innovations necessary to lead in this growing market," said George Spies, senior vice president, MasterCard Global Operations. "ACI's technology, expertise in the electronic payments business and its range of project and customer support capabilities play an important role in the success of our new platform. We're pleased to be working with ACI on this new and unique offering."