Deutsche licenses ACI for e-payments
21 August 2001 | 3697 views | 0
Deutsche Bank Italy has selected Base24 e-payment processing software from ACI Worldwide for authorisation of ATM and POS transactions, and compliance with EMV smart card requirements. The bank, one of the top ten in Italy, says it will use the technology for processing Internet-based credit card transactions and future mobile commerce applications.
The Base24 system will be integrated with the ACI Commerce Gateway Deutsche Bank recently licensed from ACI. Once integrated, the Gateway will format and manage the security of credit card transactions initiated by consumers on the Internet and pass the transactions on to Base24 for routing and authorisation.
Fabrizio Girardi, credit card division CIO of Deutsche Bank Italy, says: "The product...allows us to leverage the investment we've made in Internet payments technology. The system also gives us the ability to add services to our card processing environment, such as mobile commerce services, that will share the same capabilities."