ACI Worldwide announced a partnership with NationsBenefits, a leading healthcare fintech and supplemental benefits platform, to enhance retailer connectivity and payment options. This collaboration aims to improve security and compliance for merchants accepting NationsBenefits' Benefits Mastercard Prepaid Flex Card. The Flex Card provides members with access to funds for eligible health plan-covered items like groceries and over-the-counter products.
In certain installations, ACI will leverage its Intelligent Payments Orchestration technology to streamline transaction efficiency and simplify the merchant onboarding process. This technology will also enable real-time adjudication of purchases at the point of sale, ensuring that only eligible products are purchased with the Flex Card. ACI will also provide decryption services to alleviate PCI compliance burdens for retailers, ensuring a secure payment experience.
Erich Litch, general manager of payment software at ACI Worldwide, stated that integrating NationsBenefits into ACI’s extensive merchant network expands access to healthy choices while ensuring frictionless transactions. This partnership will provide millions of health plan members with access to a growing network of participating retailers, bridging the gap between retail and health by empowering consumers to use their supplemental benefits at frequented stores.
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