Postilion, a leading provider of software solutions for self-service banking and payments and a division of S1 Corporation (Nasdaq: SONE), today announced that Commercialbank, one of the largest merchant acquirers in Qatar, has chosen Postilion to deliver innovative payment services to its retail merchant clients. This implementation will make the bank the first organization in Qatar to offer flexible integrated point-of-sale (POS) payment services to merchants, enabling faster service and greater accuracy at checkout.
The Postilion solution enables the bank to offer integrated POS payment systems to its merchant clients due to a clear separation between payment and retail functionality. It improves security and transaction times by removing the need for dual entry of the transaction amount and by utilizing fast communication lines. 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.