NETSTARS partners with ACI Worldwide for cashless payments

NETSTARS has partnered with ACI Worldwide to support the further international development of cashless payments in Japan. The two companies will join forces to offer a one-stop payment acceptance solution for payment service providers and merchant acquirers to create a seamless and secure payment ecosystem for processing domestic and cross-border payments.

This partnership will combine ACI’s market-leading payment ecosystem with NETSTARS’ expertise in cashless payments. It will allow payment service providers and merchant acquirers in Japan to accelerate speed to market with new innovative payment services, modernize merchant and consumer payment experiences, and lower the total cost of ownership.

Key advantages of ACI’s one-stop payment acceptance solution are:

• The solution supports the ISO 20022 framework to enable payment automation, cost-effective communications, interoperability and payments intelligence through the standard, rich and structured data format. The solution brings ACI’s global experience, industry best practices and international card scheme compliance to the Japanese market.
• Payment service providers and merchant acquirers can launch new value-added services quickly and cost-efficiently for card-present and non-card-present payments from and to any channels and endpoints via the flexible payments configuration and orchestration capabilities of the innovative solution. With both cloud and on-premises deployment options, payment service providers and acquirers can choose the modernization journey that best suits their digital transformation strategy.

About NETSTARS

Operating in the gateway business since its establishment in 2009, NETSTARS was the first to introduce the QR code payment service “WeChatPay” to Japan as an agent in 2015. Since then, the company has developed “StarPay,” a multi-cashless payment solution that enables stores to introduce and manage cashless payments, including domestic and international QR code payments, all at once.

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