24 February 2018
visit www.nextgenbanking.co.uk/

HP and ACI win $1 million Rahaxi Processing contract

26 November 2003  |  3680 views  |  0 HP and ACI win $1 million Rahaxi Processing contract

Finland's Rahaxi Processing has signed a $1 million contract with HP and ACI Worldwide for the supply and implementation of HP NonStop servers and ACI's Base24 payments processing software.

Helsinki-based Rahaxi provides payments processing services to 1100 businesses and its network supports more than 5000 point-of-sale devices, generating up to a million transactions per month. The firm operates full, on-line connectivity for credit and debit card transactions at the point of sale to all Finnish banks and Luottokunta, the local bank-established credit card company.

The contract covers an upgrade of Rahaxi's current systems to the HP NonStop servers running Base24. The new system will enable Rahaxi to meet the latest Visa and MasterCard standards and pave the way for EMV compliance.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related company information

ACI Worldwide

Related blogs

Create a blog about this story (membership required)
Register for the webinarvisit www.nextgenbanking.co.ukVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12133 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10463 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8859 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8312 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7934 views comments | 10 tweets | 14 linkedin

Featured job

Find your next job