ACI Worldwide, a U.S.-based firm, envisions a presence in the cross-border payments sector in this region.

Florida-based instant payments company ACI Worldwide aims to enter India’s emerging cross-border payments market with its instant payment software, according to CEO Thomas Warsop. Warsop stressed the need for regulators to simplify and expedite cross-border payments. ACI Worldwide, with a market capitalization of $3.3 billion, views India as a key market for achieving its global growth target of 7-9% between 2023 and 2024.

The company, a major investor in Mumbai-based real-time payments firm Mindgate, anticipates changes in the international payments market driven by bilateral agreements between countries and eventual global acceptance of instant payment standards. Warsop highlighted the availability of technology for cross-border payments and emphasized the role of companies with a global presence, like ACI Worldwide, in navigating local regulations and markets.

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