News

Postilion provides integrated services to bank in Qatar

May 19, 2008

LONDON — Postilion, a division of S1 Corp., has announced in a news release that Commercialbank, one of the largest merchant acquirers in Qatar, is using its payment services for the bank's retail-merchant clients.

According to a news release, the implementation will make the bank the first organization in Qatar to offer flexible, integrated point-of-sale payment services to merchants.

The Postilion solution is expected to improve security and transaction times by removing the need for dual entry of the transaction amount. The Postilion solution's features, such as centralized configuration control and consolidated management information, also help simplify retail store operations and end-of-day transaction reconciliation.

"We originally wanted to offer integrated POS as an extension of our current merchant acquiring services, but we quickly realized that this was not possible with our existing system," said Julian Phillips, manager of acquiring at Commercialbank. "We chose Postilion because this solution will allow us to offer new services to our merchant clients, as well as improve the overall consumer experience at the point of sale. We believe the innovations inherent in the Postilion solution will distinguish our services from those of our competitors and will attract new merchant business to the bank."