News Article

Outsourcing & Recruitment

ACET Processing Upgrades to Latest VisionPLUS Release

By CreditMan Thursday, March 13, 2008

Cape Town, 11 March 2008 – ACET Processing (ACET) has successfully consolidated the upgrade of their processing platform to Version 8.23 of VisionPLUS®.

Scheduled upgrades of the VisionPLUS consumer finance system form a key element of ACET’s strategy of maintaining the leading-edge credit processing solution in Africa.

With offices in Cape Town and Johannesburg, ACET Processing offers financial services clients across Africa access to both the VisionPLUS account processing system from First Data, and the Fair Isaac TRIAD™ account management solution. This combination of world-class technology and the expertise of ACET’s personnel enables consumer finance organisations to launch consumer credit products rapidly and with minimal capital investment.

Through the power of VisionPLUS, ACET empowers credit providers to offer a wide range of consumer finance and credit product offerings – from private label and association credit cards, to term loans, asset based finance, pre-paid cards, and loyalty solutions.

Mike Crawley, Managing Director at ACET Processing, adds, “One of the key benefits of partnering with ACET is that the partnership provides ACET clients with regular, seamless upgrades to current releases of the core consumer finance system. Each new release of VisionPLUS brings with it new functionality allowing for new product offerings or existing product enhancements. In this way ACET clients can continually pursue areas of competitive business advantage without any of the challenges of maintaining in-house systems.”

About ACET Processing
ACET Processing is an outsourced financial services solutions provider that renders a wide range of processing services to a diverse client base of leading retailers, consumer finance organisations, banks and service providers.

ACET Processing is jointly owned by PIC Solutions, the leading credit risk solutions company in the EMEA region, and First Data International, a wholly owned subsidiary of First Data Corporation. Through this unique combination of proven state-of-the-art credit and risk systems, world-class outsourced processing expertise and established customer management solutions, ACET Processing provides clients across Africa with an unsurpassed range of services.

ACET Processing has formed a strategic partnership with T-Systems for the provision of the underpinning technology infrastructure and facilities management for the ACET technology platform.

For more information, visit the ACET Processing website at

Editorial Contact: Mike Crawley
Managing Director
Tel: +27 (0)21 681-2570
Fax: +27 (0)21 681-2561
Cell: +27 (0)82 333-5697