OKLAHOMA CITY – Love's Travel Stops & Country Stores Inc. will deploy Postilion solutions to enable the company to centralize fleet card authorization and transaction capture.
Love's said that it chose Postilion solutions because they are able to streamline its authorization and transaction capture process by integrating payment for fuel at the pump with traditional retailing, despite the complexity of the travel industry and the range of fleet cards used to purchase fuel. This is done via a central open-systems payment switch running Postilion, rather than at the store level.[image-nocss]
"Given our current goals for growing our stores by 15 locations a year and the increasingly tighter margins on fuel purchases, it was imperative that we find new ways to streamline our transaction processing," said James Xenos, vice president and CIO of Love's. "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 reduces our costs and improves our customers' overall experience at the pump and in the store."
Pierre Naude, senior vice president and general manager of Postilion Americas, said, "[The solutions reduce] transaction processing time and the in-store hardware footprint."
Norcross, Ga.-based Postilion, a division of S1 Corp., is a provider of integrated solutions for self-service banking and payment processing. Its 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, more than1,250 credit unions and community financial institutions use its solutions. Built on open systems, the 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.
S1 delivers customer interaction software for financial and payment services and offers solution sets for financial institutions, retailers and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions.
Oklahoma City-based Love's has more than 200 locations in more than 30 states.
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