ACIW ACI Worldwide Inc.

West Virginia Wesleyan College Improves Tuition Payment Experience with ACI Worldwide UP Bill Payment Solution

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, announced today that West Virginia Wesleyan College has selected the company to power its tuition payment system.

West Virginia Wesleyan College wanted to make payments easier and more digitally accessible for both students and parents, and needed a flexible solution to meet its needs. The college narrowed its search to proven electronic payment systems that integrate into Colleague by Ellucian®, the leader in higher education technology. West Virginia Wesleyan College selected UP Bill Payment Solution for tuition payments made over the web and at the point of sale.

“After looking at Ellucian’s different strategic partners, we selected ACI due to both its many successes within higher education and its bill pay solution’s ease of use for parents and students,” said Rob Kimble, director of administrative services, West Virginia Wesleyan College. “Ultimately, we want to improve access to financial records for parents and students, which ACI will help us to accomplish.”

“Across the U.S., 60 percent of higher education institutions are making tuition payments easier by adding new options, according to ACI and Ovum’s Global Payments Insight survey,” said Steve Kramer, vice president and product line manager, ACI Worldwide. “We have a long track record of improving and simplifying the tuition payments process for colleges and universities and are pleased to add West Virginia Wesleyan College to this growing list of institutions.”

Electronic Bill Presentment and Payment (EBPP) Services are part of ACI's UP Bill Payment solution. ACI's Universal Payments (UP) portfolio of solutions orchestrates all aspects of payments processing for any payment type, any channel, any currency and any network.

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries as well as thousands of global merchants rely on ACI to execute $14 trillion each day in payments. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software and SaaS-based solutions, we deliver real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

© Copyright ACI Worldwide, Inc. 2016.

ACI, ACI Worldwide, ACI Payment Systems, the ACI logo and all ACI product names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI's standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.

EN
06/10/2016

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