NETSTARS Partners with ACI Worldwide to Power the World’s Payment Ecosystem
September 25,2024
NETSTARS Partners with ACI Worldwide to
Power the World’s Payment Ecosystem
NETSTARS Co., Ltd. (HeadOffice:Chuo-ku,Tokyo ;President & CEO:Tsuyoshi Ri；hereinafter”NETSTARS”) has partnered with ACI Worldwide (Head Office: United States; CEO & President: Thomas W. Warsop, III; hereinafter “ACI”) 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.
Leslie Choo, Senior Vice President, Managing Director – APAC, ACI Worldwide
We are thrilled to work with NETSTARS to revolutionize the payment landscape in Japan and beyond. This collaboration allows us to combine ACI’s leading-edge technology with NETSTARS’s deep industry expertise and payment capabilities. Together, we can help our clients unlock the immense potential of a next-generation payments ecosystem.
NETSTARS President and CEO, Tsuyoshi Ri comments
NETSTARS is very pleased to be working with ACI to bring innovation to the Japanese payments industry. Through this collaboration, we will provide the best solutions for Japanese financial institutions and merchants to create a more secure and efficient payment environment.
Pictured left to right: Mr. Mark Chen Vice President,
North Asia, ACI Worldwide and Mr. Tsuyoshi Ri, Chief Executive Officer, NETSTARS CO., Ltd
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. Currently, based on the technological capabilities of “StarPay”, we are working on the development of multifaceted services. Website: https://www.netstars.co.jp/en/
About ACI Worldwide
ACI Worldwide, an original innovator in global payments technology, delivers transformative software solutions that power intelligent payments orchestration in real time so banks, billers, and merchants can drive growth, while continuously modernizing their payment infrastructures, simply and securely. With nearly 50 years of trusted payments expertise, we combine our global footprint with a local presence to offer enhanced payment experiences to stay ahead of constantly changing payment challenges and opportunities.