Getronics Hungary Implements Postilion for End-to-End ATM and POS Processing Solution


Application to enable outsourced payments processing for local banks

LONDON, May 10 // -- Postilion, a leading provider of open payment applications systems for financial and retail organizations and a division of S1 Corporation, today announced that Getronics Hungary, a provider of Information and Communications Technology (ICT) services and solutions to the Hungarian market, is offering an outsourced ATM and POS processing solution based on the Postilion payments processing engine.

Using Postilion, Getronics Hungary will be able to offer its customers an end-to-end service, covering transaction processing, card issuing, authorization, and switching of payments to Visa and MasterCard. Getronics has already signed its first outsourcing agreement with a Hungarian bank and is looking to grow this customer base significantly.

"We saw a great opportunity in Hungary to bring to market an end-to-end outsourced payments processing solution. To deliver this service, we had to find an application which was as open as possible and able to integrate with a wide range of systems," said Attila Papp, Sales Manager for Financial Business Solutions at Getronics Hungary. "Postilion enables us to offer a comprehensive and secure payments processing service that will have great appeal to banks, and potentially retailers, that want to outsource this part of their business. Postilion's open-systems approach means that we have been able to build a wide range of services into our offering and will have the flexibility to add new functionality as demand and opportunity arises."

Andrew Marshman, EVP for Business Development in Central and Eastern Europe for Postilion, added: "Postilion's customers choose our technology because of its flexibility and the opportunity it provides for innovation, which results in significantly lower costs over traditional systems. With a first Postilion customer already on board to prove the business case, Getronics is now able to offer replacement solutions of other in-house systems and a unique low-cost outsourcing service for banks and retailers in Hungary."

About Getronics

With some 25,000 employees in more than 25 countries and approximate revenues of USD $3.4 billion, Getronics is a leading international provider of Information and Technology (IT) services and solutions. Applying its expertise in workspace management, applications, and consulting and transformation services, Getronics helps organizations raise their performance and increase the productivity of their people, by providing them with the ability to share information and to work together efficiently, securely and effectively, wherever and whenever they need. Getronics headquarters are in Amsterdam, with regional offices in Boston and Singapore. Getronics shares are traded on Euronext Amsterdam ('GTN'). For further information about Getronics, please visit www.getronics.com.

About Postilion

Postilion, a division of S1 Corporation (NASDAQ:SONE), is a leading provider of integrated solutions for self-service banking and payment processing. Our offices, on five continents, serve customers in more than 50 countries. The Postilion product drives self-service financial transactions and payments, including advanced transactions such as prepay, through Internet access points, ATMs, POS terminals, and phones. This multi-channel architecture - built on open systems - provides consolidated management information, card management, 3DES and EMV enablement, and loyalty software solutions. At the forefront of compliance with new regulations and security enhancements, such as application validation for Visa's Cardholder Information Security Program Payment Application Best Practices (CISP PABP), Postilion can help customers achieve compliance with the latest data security standards developed by the payment card industry (PCI DSS). More information is available at 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. S1 employs 1,400 people in operations throughout North America, Europe and Middle East, Africa, and Asia-Pacific regions. Worldwide, more than 3,000 customers use S1 software solutions, which are comprised of applications that address virtually every market segment and delivery channel. S1 partners with best-in-class organizations to provide flexible and extensible software solutions for its customers. Additional information about S1 solutions is available at www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.

Source: Postilion

CONTACT: Martina von Bonin for Postilion, +44(0)1932-574-700, martina.vonbonin@postilion.com; Mark Kember of Axicom, +44(0)208-392-4062, mark.kember@axicom.com

Web site: www.s1.com/
http://www.postilion.com/
http://www.s1enterprise.com/
http://www.fsb-solutions.com/
http://www.getronics.com/

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