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Amdocs’ Vindicia Collaborates with ACI Worldwide to Provide Turn-key Payments Solution for Subscription Businesses

Collaboration provides subscription-based merchants with an end-to-end integrated solution to reduce time-to-market, retention, and overall costs\

Amdocs, a leading provider of software and services to communications and media companies, announced its collaboration with ACI Worldwide , a leader in mission-critical, real-time payments software, to integrate Amdocs’ Vindicia capabilities with ACI Speedpay.

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The agreement between Amdocs and ACI Worldwide will enable subscription merchants to integrate a turn-key solution to reduce time-to-market, improve retention, decrease costs and simplify subscription management. The solution includes customer identity management, customer engagement, subscription management, fraud and risk management tools, passive churn solutions and a global payments footprint that enables omni-commerce payments.

Sanjay Gupta, Head of Biller Segment, ACI Worldwide, said: “As the subscription economy grows exponentially, an integrated solution that helps subscription businesses boost retention efforts and capture more revenue is more important than ever. We’re happy to work with Amdocs’ Vindicia to provide the most innovative approach possible for subscription merchants.”

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Anthony Goonetilleke, Group President of Technology and Head of Strategy, Amdocs, said: “The subscription industry continues to grow, fueled by diversification of services ranging from automotive to digital, to consumer goods and beyond. This collaboration with ACI Worldwide brings together a robust set of capabilities to create an improved experience for subscription businesses while simplifying operations.”

Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers’ innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our 31,000 employees around the globe are here to accelerate service providers’ migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.3 billion in fiscal 2021

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