Postilion, a leading provider of software solutions for self-service banking and payments and a division of S1 Corporation (NASDAQ: SONE), and Network International, the UAE's largest payment processing firm for debit and credit cards, today announced the completion of a comprehensive, integrated payment infrastructure installation for the Juma al-Majid Group. Network International provides Juma al-Majid with integrated POS payments, using the Postilion for Retailers solution. All transactions are switched and processed by the Postilion platform.
The Juma al-Majid Group runs a number of retail franchises in the Middle East for companies in the technology, fashion, and fast-moving consumer goods industries. To ensure customers visiting its stores receive the best possible retail experience, the group decided that a new payment infrastructure was needed.
Network International and Postilion provided the infrastructure that met the group's needs. The Postilion for Retailers software solution was integrated with Juma al-Majid's in-store EPOS devices, allowing the single entry of transaction amounts, fast authorisation, consolidation of all transactions, and improved management information. At the end of the day, transactions from around 1 000 EPOS devices across the group's various retail sites are settled through the Postilion platform, operated by Network International.
"Customers shopping in our stores demand very high levels of service and implementing a new, integrated payment system will help us to meet these needs," said Imad Yassin, Chief Financial Officer, Juma al-Majid. "By working with Postilion and Network International, we have a system in place that will grow along with our business, and deliver the fast and efficient service that consumers want. We are also now fully able to support EMV-based smart cards, which places us at the forefront of retail technology and card security in the region."
"Network International prides itself on providing the best solutions to retailers and banks in the region," said Ram Chari, General Manager, Network International. "Using Postilion solutions, we can reduce the amount of hardware required at the payment desk and provide a secure payment system that meets the latest card scheme regulations. The implementation for Juma al-Majid will result in significant amounts of time saved per transaction and a higher throughput of customers at busy times."
Steve Kirrage, Senior Vice-President and General Manager for Postilion Middle East, commented: "This is a sizable customer win for both Network International and Postilion, and shows how the needs of the retail market are expanding rapidly in the Middle East region. Retailers are looking for solutions that offer the best experience for their customers at all interaction points. Postilion and Network International are working together to meet these needs with a flexible, modular solution that is built on open systems, fast to implement, scalable, and simple to manage in the longer term."
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