Co-op renews partnership with payment technology provider

The Co-op has extended its partnership with payment technology firm ACI Worldwide.

Under the agreement, ACI Worldwide will continue to provide the UK convenience retailer with a full range of payment services including in store, online and mobile payment processing.

Additionally, ACI Worldwide will also provide end-to-end payments and fraud management solutions.

The Co-op, which operates around 2,400 stores across the UK, has worked with ACI Worldwide to launch several payment initiatives.

This includes the integration of point-to-point encryption and tokenisation technology to secure its payments data.

In 2024, Co-op successfully moved its full stack of payments and fraud prevention software into a multi-tenant cloud platform hosted in Microsoft Azure.

The company said the migration providing scalability, added security and enhanced data protection.

“Co-op is growing and investment in new technology supports our work to ensure an easy, quick and convenient shopping experience for shoppers,” said Paul Fletcher, head of payments, Co-op.



Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.