But losses mount for the home furnishings e-retailer that went public in October.
The new system enables Domino’s to accept new payment types.
New York, N.Y. – Aug. 25 2010 – ACI Worldwide, Inc. a leading international provider of electronic payments software and solutions, today announced that Domino’s Pizza, Inc. has partnered with ACI to consolidate payments processing, add more features and improve personalization for customers ordering online. The new system enables Domino’s to accept new payment types in the future, and will be available across all locations.
Domino’s Pizza selected ACI Worldwide to help manage the costs of accepting payments. Domino’s was also looking for more than just a software provider, it was looking for a well established brand to support the company’s commitment to investing in the latest technology for current and future opportunities. Additionally, ACI’s offering met Domino’s stringent demands for customer data security.
“The cost to process electronic payments, such as card transactions, is significantly higher than other forms of payment. As our customers increasingly turn to cards rather than cash, we knew we needed to have as much control as possible on our transaction processing,” stated Christopher McGlothlin, CIO at Domino’s Pizza. “We also need to ensure we provide our franchisees with the most secure, efficient and innovative platform, at the lowest cost, and we are confident ACI Worldwide will deliver that for us.”
Ralph Dangelmaier, president of global markets and services at ACI Worldwide stated, “ACI has a pedigree for delivering innovative, cost effective solutions to retailers. Domino’s wanted to be able to implement new features, and reduce dependency on in-store processing which, in turn, will help-manage the total cost of ownership. ACI Worldwide can meet these needs and provide a payment processing system for today and tomorrow.”
ACI Worldwide’s solutions provide enterprise payment acceptance authorization, switching, rewards and loyalty management, gift and stored value card management, and enhanced loss prevention with refund and check authorization tools. Retail organizations manage their electronic payments with an integrated suite of products from ACI allowing them to execute a comprehensive and strategic electronic payments and loss prevention program.
For more information on ACI Worldwide please visit www.aciworldwide.com.
About Domino’s Pizza, Inc
Founded in 1960, Domino's Pizza is the recognized world leader in pizza delivery. Domino's is listed on the NYSE under the symbol "DPZ." Through its primarily locally- owned and operated franchised system, Domino's operates a network of 9,036 franchised and Company-owned stores in the United States and over 60 international markets. The Domino's Pizza(R) brand, named a Megabrand by Advertising Age magazine, had global retail sales of over $5.6 billion in 2009, comprised of nearly $3.1 billion domestically and over $2.5 billion internationally.
About ACI Worldwide, Inc.
ACI Worldwide is a leading provider of software and services solutions to initiate, manage, secure and operate electronic payments for financial institutions, retailers and processors around the world. ACI offers a vision for the future of an integrated solution that can meet all their payment needs – from a single service to a complete toolset. ACI products deliver payment processing, online banking, fraud prevention and detection, and back-office services, providing agility, reliability, manageability and scale to customers around the world. Visit ACI Worldwide at www.aciworldwide.com.