Postilion, a leading provider of software solutions for self-service banking and payments and a division of S1 Corporation (Nasdaq: SONE), today announced that it has established a footprint in a fifteenth African country.
Operating in the African market since 1994, the organisation already has a presence in South Africa, Namibia, Zimbabwe, Zambia, Malawi, Tanzania, Kenya, Nigeria, Ghana, Sierra Leone, Mauritius, Seychelles, Swaziland, the Gambia, and has now deployed a solution with Bankom, Uganda's largest transaction switch.
Africa is the continent on which Postilion was launched and it remains one of the company's key global markets. Africa's three top banks and three top retailers use Postilion to drive their electronic payments. More than 100 million transactions are processed per month in South Africa alone. Postilion has also been selected for use as the largest bank transaction switch in Nigeria, Zimbabwe, Tanzania, and Kenya.
Postilion's core global research and development is undertaken in Cape Town, affirming the company's faith in the quality of the skills on offer in Africa. The Cape Town office also offers product support to clients internationally. An expanding Johannesburg office focuses on sales and professional services to African clients.
In the drive to expand the Postilion footprint throughout the African continent, the organisation has developed close long-term strategic partnerships with EFTCorp and TPS (both based in Harare, Zimbabwe) and with InterSwitch (based in Lagos, Nigeria). This has resulted in almost 70 new clients from across the African continent being added to Postilion's growing international client base.
Postilion solutions are well suited to African market conditions and the following features have all contributed to the success of Postilion deployments in Africa: modular solution architecture; flexible and scalable open systems platform; robust ATM and POS driving capabilities; strong management information and reporting functionality; and quick implementation time scales.
"Over the past 14 years, together with our strategic partners, we at Postilion have contributed to the development of banking and payment services for the people of Africa. This has made a real difference to the way individuals manage their finances and conduct their day-to-day lives," commented Deon van Biljon, Senior Vice-President and General Manager, Postilion Africa.
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