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 Naud'e, 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."
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