ATLANTA - Postilion Inc., a subsidiary of S1 Corp., announced NCR Corp. will install Postilion payment-processing software at NCR's Toronto data center 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 POS 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 to address payment fraud requirements for financial institutions and retailers.
Beyond meeting EMV requirements, NCR will use Postilion to meet 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.
