Malaysia's national payment switch extends ACI relationship

Source: ACI Worldwide

ACI Worldwide has announced that the Malaysian Electronic Payment System (MEPS) has completed its BASE24 Release 6 upgrade and extended its partnership with ACI. MEPS has been an ACI customer for nearly ten years.

"MEPS continues to extend our business partnership with ACI due to their responsiveness, flexibility, proven solutions and superior technical support for BASE24," said Dato' Mohd Hata Robani, managing director at MEPS.

As the national ATM and e-Debit switch in Malaysia, MEPS required Triple DES support, as well as the ability to implement cross-border ATM services that comply with standards adopted by the switching network operators and e-Debit acquiring. BASE24 Release 6 will enable MEPS to support all of these functions while reducing its transaction processing costs.

"Upgrading to BASE24 Release 6 provides MEPS with the foundation for an enterprise services architecture," said Jeremy Wilmot, president Asia Pacific at ACI. "This will allow MEPS to extend its service offerings quickly and efficiently, ensuring its ability to remain competitive."

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