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Cash N Go Selects Postilion for ATM Driving
Sep 24, 2008 (08:09 AM EDT)
NORCROSS, Ga. and EDMONTON, Canada, Sept. 24 /PRNewswire-FirstCall/ -- Postilion, a leading provider of integrated software solutions for payments processing and self-service banking and a division of S1 Corporation , today announced that Cash N Go Ltd., one of the leading deployers and service providers of ATM services and technologies in Canada, has selected the Postilion solution for ATM owners and deployers. This further enhances Cash N Go's position as one of Canada's leading, and now fully integrated, ATM service providers.
As one of the founding members of the ATM Industry Association of Canada, Cash N Go owns a network of over 1,200 ATMs installed across Canada and is committed to leading the industry in innovation. "We work hard to stay ahead of the latest trends in transaction processing to ensure that our customers are maximizing their profit potential," said Ken Nichols, President of Cash N Go. "Owning and managing our own switch gives Cash N Go the flexibility and control to be more responsive to the ever-changing ATM marketplace."
Postilion delivers an end-to-end processing solution covering all aspects of ATM driving, including ATM network management, related business management, and advanced-function ATM driving. Postilion directly controls ATMs, intercepts cardholders bankcard transactions, and processes these transactions online to core system accounts.
Cash N Go's customers include grocery chains, financial institutions, convenience stores -- anywhere you might expect to find an automatic teller machine. "Postilion has been a key partner in helping us build a payments strategy that offers our merchant customers a solid ROI through economies of scale as well as it gives us the flexibility to respond quickly to customer demands," said Greg Greschuk, Vice President of Sales and Marketing.
Additionally, the Postilion solution enables Cash N Go to be one of a small number of ATM suppliers in Canada to guarantee uptime. "We promise an uptime rate of 99%, which we usually exceed," said Nichols. "With the Postilion solution, Cash N Go will assume responsibility for network performance thus minimizing the challenges that are often present when having to deal with multiple vendors."
"We are pleased to be a part of Cash N Go's payments strategy, which is based on providing the highest levels of customer service, flexibility, and innovative technologies to the Canadian marketplace," said Doug Parr, Senior Vice President and General Manager of Postilion Americas. "Our open-systems payments solution provides the agility to manage customer expectations for functionality, reliability and security -- quickly and cost-effectively."
About Cash N Go
Since its inception in 1998, Cash N Go has grown, with over 1,200 ATMS in operation, into one of the leading deployers and service providers of ATM services and technologies in Canada. Cash N Go's customers include convenience stores & supermarkets, restaurants, bars & nightclubs, gas stations, airports, hotels, shopping malls, bingo halls, casinos & racetracks, sports & entertainment facilities and colleges & universities. Our formula for growth and success is simple: we are committed to being responsive to the needs of our customers and investing in leading-edge technology to enhance customer service, network reliability, and end-user security.
In addition to our Corporate Head Office in Edmonton, Alberta, Cash N Go also operates a Regional Office and Warehouse in Hamilton, Ontario. For more information please visit http://www.cashngo.com .
Postilion, a division of S1 Corporation, is a leading provider of integrated solutions for payments processing and self-service banking. Our offices, on five continents, serve over 1,500 customers in more than 50 countries. Postilion solutions drive self-service financial transactions and payments, including advanced transactions such as prepay, through Internet access points, ATMs, POS terminals, and phones.
More than 100,000 ATMs and 500,000 POS terminals worldwide run on Postilion solutions. Built on open systems, Postilion solutions provide consolidated management information, card management, 3DES and EMV enablement, and loyalty management. At the forefront of compliance with new regulations and security enhancements, such as the Payment Card Industry Data Security Standard (PCI DSS) and Visa's Payment Application Best Practices (PABP), Postilion can help customers achieve compliance with the latest data security standards developed by the payment card industry. More information is available at http://www.postilion.com .
About S1 Corporation
S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at http://www.s1.com http://www.postilion.com http://www.S1enterprise.com http://www.fsb-solutions.com , , , and .
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at http://www.s1.com http://www.sec.gov or the SEC's web site at ) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.
CONTACT: Cheyanne Atchley, Postilion, +1-512-336-3128, firstname.lastname@example.org; Caroline Traylor, Porter Novelli,+1-512-241-2239, ; or Greg Greschuk, VicePresident of Sales and Marketing, Cash N Go Ltd.,
Web site: http://www.postilion.com/ http://www.s1.com/ http://www.cashngo.com/