News

Mosaic extends deal with Logica

December 10, 2001

LONDON - Mosaic Software and IT solutions company Logica have signed a three-year extension to a distribution deal for Postilion, Mosaic's electronic funds transfer (EFT) software system.

Postilion is a platform for EFT and kiosk transactions, handling transaction, delivery and authorization requirements. The software can be used for point of sale, credit and debit card processing, and Internet and home banking applications.

Companies in England, Finland, Lithuania and Poland currently used Mosaic software. The company's domestic clients include 7-Eleven, American Express, and E*Trade.

"The reseller agreement between our two companies is an important element of our European and global growth strategy," Stevi Lowmass, Mosaic Software Europe general manager, said in a news release.