Payment systems provider ACI Worldwide has completed its acquisition of Online Resources Corp. in an all cash transaction for $3.85 per share—a deal that adds payments and financial services bulk to ACI.

The Online Resources acquisition is expected to provide electronic bill presentment and payment technology to ACI’s Universal Payments Portfolio and will bolster ACI’s online banking technology by adding Online Resources’ menu of digital banking technology, which includes the Princeton eCom payment service.

Online Resources recently began offering a bill-pay service that allows consumers to make payments using a mobile phone. ACI also offers other banking and payments technology via its purchase of S1.

ACI Worldwide sells a suite of software products and hosted services that offer a range of technology for payments processing, card and merchant management, online banking, mobile banking, branch automation, voice banking, fraud detection and trade finance. The company powers electronic payments and banking for more than 1,750 financial services clients, and enables about $13 trillion in payments each day including transactions for more than 250 global retailers and 18 of the world’s 20 largest banks. Online Resources has more than 1,000 financial institution and billing customers, and processes more than 245 million bill payment transactions per year.

The deal is not expected to affect ongoing Online Resources projects at its financial institution clients. ACI, which has a lifecycle management policy, will maintain multi-year contractual commitments to Online Resources' customers. ACI invests about 18% of its revenue in research and development, the company said. 

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