iNet, the independent Saudi Central Bank-licensed network service provider (NSP), is supporting the growth of the Kingdom’s fintech sector by becoming a part of global paytech ACI Worldwide‘s Retail Payment Solutions (RPS) for Postilion programme.
ACI Postilion is an acquiring platform that enables banks, fintechs and merchants to deliver fast omnichannel transaction processing while staying compliant with regulatory standards. Following the announcement, iNet will now deploy and manage a point of sale (POS) infrastructure using ACI Postilion.
The RPS for Postilion platform will enable iNet to deliver new services such as SoftPOS, QR payments, link-based payments and digital wallets. Deployed across two PCI-compliant data centres in Saudi Arabia, its active-active infrastructure ensures high availability, minimising service disruptions and operational risk.
“Our partnership with iNet is grounded in a shared vision to simplify payments, unlock new growth opportunities and support the Kingdom’s journey toward a digital-first economy,” commented Alexis Haessler, regional head, Middle East, ACI Worldwide. “Together, we are creating a frictionless and interoperable payment experience and powering a modern, inclusive and future-ready financial ecosystem.”
The latest achievement in a long line
2025 has been a successful year for iNet, as the firm secured principal licences to operate as an independent POS NSP, allowing it to deliver POS services directly to banks and merchants. The latest integration with ACI Postilion has also set iNet up for success, meaning it is well-positioned to be a strategic technology partner for major events like Saudi Arabia’s FIFA World Cup 2034.
iNet has been an ACI Worldwide customer since 2006; however, by becoming a part of the RPS for Postilion programme, the firm is now expanding its market reach and service portfolio in a way it hasn’t before.
“The rapid expansion of Saudi Arabia’s fintech sector underscores the need for a resilient, locally anchored infrastructure to scale securely and sustainably,” said Turki Almadi, executive vice president, iNet. “iNet’s POS infrastructure, powered by Postilion, combines our deep local expertise with ACI’s advanced acquiring technology, enabling fintech providers and merchants with faster speed to market, allowing them to focus on their core business without being encumbered by regulatory, technological or operational challenges.”
iNet processes over five million transactions daily with plans to scale significantly in alignment with Saudi Arabia’s Vision 2030 — a strategic blueprint to boost the Kingdom’s fintech sector by fostering a cashless society and building a future-ready digital financial ecosystem.
Source: https://thefintechtimes.com/
