Postilion Inc., a subsidiary of S1 Corporation, today announced that NCR Corporation, a global leader in self- service technology, will install Postilion payment processing software at its NCR Toronto, Ontario data centre to serve the needs of Canadian banks, credit unions, and retailers. NCR’s Canadian customers represent a wide range of retail locations, using a variety of point-of-sale terminals and electronic cash registers and processing tens of millions of transactions yearly.
NCR selected Postilion to replace its legacy payment transaction engine to meet evolving Europay, MasterCard, and VISA (EMV) industry chip-card payment technology compliance standards and address payment fraud requirements for financial institutions and retailers. Beyond meeting EMV requirements, NCR will use Postilion to better meet the evolving industry compliance challenges of all payment networks, such as the Payment Card Industry Data Security Standards (PCI DSS), and to reduce the time and cost required to bring new payment products and services to market.
Postilion — with application availability that has been proven in other markets such as the United Kingdom and Western Europe — will run in a Microsoft Windows environment on Stratus fault-tolerant hardware. This will provide NCR with a highly scalable, open architecture that will help enable implementation of new products and services.
“By choosing Postilion, we will be well positioned to meet EMV compliance standards, decrease costs, and easily offer additional products and services,” said Greg Hanson, general manager of NCR eCommerce Solutions. “We are looking forward to all of the opportunities and advantages that this relationship will give NCR and our customers.”
Pierre Naude, general manager of Postilion Americas, said, “Postilion’s open systems architecture lowers the cost of ownership for industry leading payment switching technology, while delivering cost-effective, scalable, revenue-generating solutions. In addition, Postilion’s EMV compliance and the fact that it is PCI DSS-ready enables us to exceed all of our customers’ most critical business needs.”
NCR Corporation is a leading global technology company helping businesses build stronger relationships with their customers. NCR’s Teradata(R) data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology(TM) that maximizes the value of customer interactions and helps organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (http://www.ncr.com) employs approximately 28,900 people worldwide.
Postilion, a subsidiary of S1 Corporation (Nasdaq: SONE), is a leading global provider of open-systems electronic payment processing solutions with offices on five continents serving customers in more than 50 countries. The Postilion product drives payments — including advanced financial transactions such as prepay and self-service — through ATMs, POS terminals, phones, and Internet access points. Postilion provides consolidated management information, integrated card management, EMV chip enablement, and loyalty software solutions. It reduces transaction processing costs, speeds time to market for new products and offerings, improves analysis of customer transactions and business opportunities, and increases profitability. Additional information is available at http://www.postilion.com.