ACI Worldwide announced the launch of ACI Wallet Hub, an integrated network that connects merchants in 70+ countries to a single hub for 200+ global and regional digital wallets. Merchants can enable ACI Wallet Hub via simple API integration with ACI's payments orchestration platform. Through a single integration -- and a single vendor relationship -- ACI Wallet Hub provides merchants with access to every leading digital wallet available and the ability to deliver native wallet checkout experiences for consumers.

The new wallet hub will save time and money on developing, managing and maintaining digital wallet integrations. ACI Wallet Hub eliminates integration burdens to multiple wallet providers and future proofs against changing technical and compliance requirements. Consumer use of digital wallets continues to increase worldwide.

More than half of consumers (52.7%) held and used a digital wallet in 2021, representing a 33% increase over the last five years. However, with the rise of popular digital wallets, many merchants are forced to manage multiple individual integrations and payment gateway contracts. It increases costs and slows the time to market new payment experiences.