About ACI Merchant Systems
ACI Merchant Systems is a Financial Services company based in Westerly (United States) founded in 1989, and was acquired by JetPay in November 2014. Merchant payment processing services are provided to diverse business types. The company was acqui-hired. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
ACI Merchant Systems was founded in 1989 in Westerly, United States, within the financial services sector. Payment processing solutions are delivered to merchants across a wide spectrum, from small home-based operations to mid-sized and high-volume entities. Services support general retailers, medical and health care providers, educational institutions, non-profit organizations, municipal bodies, and online retailers, ensuring comprehensive transaction handling for varied needs.
- Headquarters Westerly, United States
- Stage Acquired
- SectorsFinancial Services
- Website acimerchant.com
- Acquired by JetPay (Nov 2014)
Investors in ACI Merchant Systems
ACI Merchant Systems has secured backing from 1 investor. Prominent investors backing the company include JetPay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing services for e-commerce and mobile transactions are offered. | 2011 | jetpay.com | Carrollton, United States |
Investor details for ACI Merchant Systems
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Timeline of ACI Merchant Systems
2 dated milestones of ACI Merchant Systems across 25 years, from founding to its latest funding, stage changes and deals.
- Founded ACI Merchant Systems is founded.
- Exit Acquired by JetPay.
Competitors of ACI Merchant Systems
ACI Merchant Systems has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of ACI Merchant Systems
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as ACI Merchant Systems (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about ACI Merchant Systems
ACI Merchant Systems was founded in 1989.
ACI Merchant Systems is headquartered in Westerly, United States. It is registered at Westerly, Rhode Island, United States.
ACI Merchant Systems was founded in 1989 in Westerly, United States, within the financial services sector. Payment processing solutions are delivered to merchants across a wide spectrum, from small home-based operations to mid-sized and high-volume entities. Services support general retailers, medical and health care providers, educational institutions, non-profit organizations, municipal bodies, and online retailers, ensuring comprehensive transaction handling for varied needs.
ACI Merchant Systems's top competitors include Stripe, Flutterwave and PayPal.
ACI Merchant Systems has 1 investor. Key investors include JetPay.
Yes. ACI Merchant Systems was acquired by JetPay in November 2014.