Source: S1
S1 Corporation (Nasdaq: SONE), a leading provider of customer interaction software solutions for financial and payment services, announced today that Cardtronics, Inc. will install Postilion software to provide in-house ATM transaction processing for its network of more than 26,000 ATMs. Cardtronics is the world's largest operator of ATMs and selected Postilion software to better serve its new and existing customer base. In addition, Postilion will provide Cardtronics the ability to quickly adapt to the changing requirements of its customers.
S1's Postilion is used by financial institutions, retailers, processors, and Telco's to drive payments -- including advanced financial transactions such as prepay and self-service -- through ATMs, POS terminals, phones, and Internet access points. The modularized family of products drives consumer- generated transactions at every point of an electronic funds transfer (EFT) network. Key capabilities of S1 Postilion include:
ATM and advanced ATM processing and monitoring
Retail POS processing
EFT switching and routing
Prepaid Card Programs
WAP and Internet payments and banking
Mobile commerce
Call center transaction processing
Cardtronics will leverage the Postilion system to aid in managing its ATM network. By utilizing Postilion, Cardtronics can easily tailor programs for individual customers, offer even faster customer response, and deliver enhanced product offerings at the ATM.
"We realized that we were outgrowing our current method of managing our network," said Michael Clinard, Chief Operating Officer for Cardtronics. "As we continue to globally expand and provide additional value-added services via the ATM, we sought a solution that would help us reduce overall cost, improve our world-class customer service, and enhance our position as a leader in this market. And, Postilion met all of those requirements."
Postilion provides Cardtronics with a highly scalable and open architecture that permits easy implementation of new products and services at ATMs, kiosks, and POS terminals. The Cardtronics implementation includes support for various types of ATMs and has multiple interfaces to networks and other systems. Postilion Office, which provides post-transaction processing of data, will provide Cardtronics with detailed reporting as well as automated settlement and reconciliation with networks.
"We are thrilled that Cardtronics has selected Postilion as the ATM processing platform of choice to meet the needs of its customers," stated Johann Dreyer, chief executive officer, S1 Corporation. "Our commitment to leading-edge technology and world-class service mirrors that of Cardtronics and this relationship provides the opportunity to work together in bringing the most innovative ATM payments software solutions to Tier One organizations."