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Waitrose live with S1's Retail Payments solution

Replaces legacy payments infrastructure reliability, flexibility, and security; makes S1 first choice.

By S1
London, United Kingdom, 15 Jul 2010

S1 (NASDAQ: SONE), a leading global provider of financial services and payments software solutions, today announced that Waitrose, the supermarket chain of the John Lewis Partnership, has gone live with the S1 Retail Payments solution as part of a major point of sale (POS) and payments infrastructure project to enhance payments capabilities across its 227 UK supermarkets.

S1 counts five of the top 10 UK retailers as payments customers.

The selection of S1 followed a thorough vendor evaluation process designed to ensure that the new payments system measured up to Waitrose's high standards of customer service.

S1 successfully proved superior levels of system availability, scalability, and reliability for its end-to-end multi-channel retail payments solution. The S1 software solution consists of a central transaction switch and back-office system, plus an intelligent in-store payments component, which was installed on the supermarket's approximately 4 000 tills.

Providing excellent customer service is key to the Waitrose brand. Kevin Berry, Systems Director of Waitrose, explains: “It is important to Waitrose that our new system process card payment transactions at all times, providing the high quality of service expected by our customers. S1 offers a flexible payments platform that integrates easily with our EPOS application and helps simplify compliance with banking standards.”

Having historically used a payments infrastructure wholly sourced from a single supplier, Waitrose wanted to move to an environment that allowed it to select best-of-breed solutions for both hardware and software, and accommodate future payments and service evolution. S1 was selected as an ideal payments software partner with which to realise the benefits offered by this new approach and unlock greater efficiency and innovation across payments processing.

Francois van Schoor, Divisional President of S1, comments: “As a leading supplier to top UK retailers, S1 is well acquainted with the payments environment that Waitrose operates in. Decoupling the payments component from the EPOS application brings many benefits, including easy integration of new PIN entry devices and the flexibility to offer new customer services and payment types at the checkout. Waitrose will have control over all its payments processing by managing the entire S1 payments platform centrally from its head office in Berkshire.”

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Waitrose

Waitrose has 227 shops in England, Scotland and Wales and is currently achieving market-beating growth (source Kantar, formerly TNS). Its strong performance has been driven by the introduction of its new essential Waitrose range, the successful conversion of Somerfield-acquired stores and free delivery driving rapid online growth. Regularly voted 'Britain's favourite supermarket, Waitrose combines the convenience of a supermarket with the expertise and service of a specialist shop - dedicated to offering quality food that has been responsibly sourced combined with high standards of customer service. (www.waitrose.com). Waitrose is part of the John Lewis Partnership - the UK's largest example of worker co-ownership where all 70 000 staff are partners in the business.

S1

Leading banks, credit unions, retailers, and processors need technology that adapts to the complex and challenging needs of their businesses. These organisations want solutions that can respond quickly to changes in the marketplace and help grow their businesses. For more than 20 years, S1 Corporation (Nasdaq:SONE) has been a leader in developing software products that offer flexibility and reliability. Over 3 000 organisations worldwide depend on S1 for payments, online banking, mobile banking, voice banking, branch banking and lending solutions that deliver a competitive advantage. More information is available at http://www.s1.com.

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