Payment Processor ACI Acquires ISD

MICHAEL GARRY

NEW YORK — ACI Worldwide, a provider of payment systems, on Tuesday announced that it has acquired ISD Corp. to broaden the functionality of its payments solutions for retailers.

ISD is a provider of payment management software and solutions for retailers in the U.S. and Canada. With the addition of 140 customers from ISD, ACI now has more than 220 retailers worldwide — including Giant Eagle and Hy-Vee — running ACI payment systems.

ISD’s suite of products enables retailers to consolidate, manage, secure and route all electronic transactions from their point-of-sale systems to third-party processors for authorization and settlement. ISD’s software has been integrated with more than 70 different third-party processors.

In addition, ISD’s in-store integration tools have been adopted by many of the leading POS solutions providers in the market. The tools allow POS hardware and software to be taken out of Payment Card Industry (PCI) scope by isolating the POS software from payment processing, managing cardholder data, and delivering additional layers of security mandated by today’s PCI Data Security Standards.