Postilion, a leading provider
of open payment applications systems for financial and retail
organizations and a division of S1 Corporation, has announced that
Getronics Hungary, a provider of Information and Communications
Technology (ICT) services and solutions to the Hungarian market, is
offering an outsourced ATM and POS processing solution based on the
Postilion payments processing engine.
Using Postilion, Getronics Hungary will be able to offer its customers
an end-to-end service, covering transaction processing, card issuing,
authorization, and switching of payments to Visa and MasterCard.
Getronics has already signed its first outsourcing agreement with a
Hungarian bank and is looking to grow this customer base significantly.
“We saw a great opportunity in Hungary to bring to market an end-to-end
outsourced payments processing solution. To deliver this service, we had
to find an application which was as open as possible and able to
integrate with a wide range of systems,” said Attila Papp, Sales Manager
for Financial Business Solutions at Getronics Hungary. “Postilion
enables us to offer a comprehensive and secure payments processing
service that will have great appeal to banks, and potentially retailers,
that want to outsource this part of their business. Postilion’s
open-systems approach means that we have been able to build a wide range
of services into our offering and will have the flexibility to add new
functionality as demand and opportunity arises.”
Andrew Marshman, EVP for Business Development in Central and Eastern
Europe for Postilion, added: “Postilion’s customers choose our
technology because of its flexibility and the opportunity it provides
for innovation, which results in significantly lower costs over
traditional systems. With a first Postilion customer already on board to
prove the business case, Getronics is now able to offer replacement
solutions of other in-house systems and a unique low-cost outsourcing
service for banks and retailers in Hungary.”
About Getronics
With some 25,000 employees in more than 25 countries and approximate
revenues of USD $3.4 billion, Getronics is a leading international
provider of Information and Technology (IT) services and solutions.
Applying its expertise in workspace management, applications, and
consulting and transformation services, Getronics helps organizations
raise their performance and increase the productivity of their people,
by providing them with the ability to share information and to work
together efficiently, securely and effectively, wherever and whenever
they need. Getronics headquarters are in Amsterdam, with regional
offices in Boston and Singapore. Getronics shares are traded on Euronext
Amsterdam (‘GTN’). For further information about Getronics, please visit
www.getronics.com.
About Postilion
Postilion, a division of S1 Corporation, is a leading provider of
integrated
solutions for self-service banking
and payment processing. Our offices, on five continents, serve customers
in more than 50 countries. The Postilion product drives self-service
financial transactions and payments, including advanced transactions
such as prepay, through Internet access points, ATMs, POS terminals, and
phones. This multi-channel architecture – built on open systems –
provides consolidated management information, card management, 3DES and
EMV enablement, and loyalty software solutions. At the forefront of
compliance with new regulations and security enhancements, such as
application validation for Visa’s Cardholder Information Security
Program Payment Application Best Practices (CISP PABP), Postilion can
help customers achieve compliance with the latest data security
standards developed by the payment card industry (PCI DSS). More
information is available at www.postilion.com.
About S1 Corporation
S1 Corporation delivers customer interaction software for financial and
payment services and offers unique solution sets for financial
institutions, retailers, and processors. S1 employs 1,400 people in
operations throughout North America, Europe and Middle East, Africa, and
Asia-Pacific regions. Worldwide, more than 3,000 customers use S1
software solutions, which are comprised of applications that address
virtually every market segment and delivery channel. S1 partners with
best-in-class organizations to provide flexible and extensible software
solutions for its customers.
