Postilion Selected by Sapp Bros Travel Centers to Centralize Fleet Card Authorization and Store Transaction Capture
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July 31, 2008
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NORCROSS, Ga., July 29 /PRNewswire/ — Postilion, a leading global provider of integrated solutions for payments and self-service banking and a division of S1 Corporation , today announced that Sapp Bros travel Centers will deploy Postilion solutions to enable the company to centralize fleet card authorization and transaction capture.
Because of the complexity of managing fleet payments and the range of fleet cards used to purchase fuel in the travel stop and convenience store industry, Sapp Bros chose Postilion to help streamline its authorization and transaction capture, and to integrate payment for fuel at the pump with traditional retail payments in its stores. Postilion solutions enable Sapp Bros to process all transactions via a central, open-systems payment switch, and provide stand-in authorization.
“Given our current goal of growing our stores and the increasingly tighter margins on fuel purchases, it was imperative that we find new ways to streamline our transaction processing,” said Don Quinn, President, Sapp Bros. “The Postilion Forecourt and POS Payments solution and the Postilion Payment Switching solution enable us to further control the payment transaction authorization and settlement process, which in turn drives down our costs and improves our customers’ overall experience at the pump and in the store.”
Francois van Schoor, Senior Vice President and General Manager, Postilion Payments, said, “We are delighted that Sapp Bros has chosen Postilion solutions to integrate payments at the fuel pump with the convenience store. This enables them to reduce transaction processing time, the overhead of managing, configuring, and maintaining multiple applications at each store, and the in-store hardware footprint.”
Postilion solutions are known worldwide for their flexibility, security, regulatory compliance, and high application availability.
About Sapp Bros
Sapp Bros Truck Stops was started by the four Sapp brothers in Omaha Nebraska at the junction of I-80 and Highway 50 in 1971. Sapp Bros Truck Stops, Inc. was incorporated in October of 1988. Prior to being incorporated, the travel centers were each separate corporations under the central leadership of W. D. Sapp. Sapp Bros Truck Stops, Inc. has grown into a chain of sixteen travel centers covering an eight state region.
About Postilion
Postilion, a division of S1 Corporation , is a leading provider of integrated solutions for payment 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. In the United States, over 1,250 credit unions and community financial institutions use 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 .
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 , , , and .
Forward-Looking Statements
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 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.
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