Postilion, a leading provider of software solutions for self-service banking and payments and a division of S1 Corporation, today announced that Woolworths, one of South Africa's leading retailers, has issued its millionth in-house gift card since the launch of these cards in 300 outlets seven months ago.
Woolworths uses Postilion's Card Management solution to manage gift cards, which are gaining in popularity in South Africa in line with global trends.
Woolworths required a highly flexible solution that could handle gift cards while mitigating the fraud and security risks associated with paper-based vouchers. Another requirement of the retailer was for bulk-activated gift cards that corporations can distribute as incentives to their employees.
Woolworths chose to issue and process its gift card offering in-house, rather than turning to an outsourced gift card supplier. In this way, the retailer is able to respond quickly to issues at hand, have a tight control over costs, and launch new services to provide a competitive advantage and improve their customer proposition.
Having decided on the in-house option, Woolworths looked for a card management solution with global credentials. Postilion was a strong contender as the technology partner for the new gift card product, especially as the retailer has been a satisfied user of Postilion's payment solutions for the past six years.
The Postilion Card Management solution - with its versatile card production, transaction validation, authorisation and reporting capabilities - matched all the requirements and specifications of Woolworths and seamlessly extended their existing payment platform to issue and process gift cards and acquire new transaction types.
Glynn Zeederberg, Systems Manager Sale Data at Woolworths, commented as follows: "Given the uptime statistics of our Postilion installation over a six-year period, we knew exactly where to turn. We added the Postilion Card Management solution to our existing Postilion installation and, with only minor customisations to the system, we were good to go. Reaching the million mark in just seven months proves the quality of the choice we made when deploying the Postilion Card Management solution."
"Our partnership with Woolworths has been reinforced by their selection of Postilion Card Management, confirming their trust in our solutions and in our client service. We would like to congratulate Woolworths on this milestone and are proud to be part of an offering that is an example of South African retailers adopting new card technologies. This raises the bar for retailers in other countries," commented Deon van Biljon, Senior Vice-President and General Manager, Postilion Africa.
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