17 September 2008

Attendees at the SIBOS event in Vienna

Postilion showcased its mobile banking and payments solution on the Microsoft stand at this week’s SIBOS event in Austria.

The solution, which uses Microsoft Windows Server and SQL Server technology, offers a range of self-service banking and payments services via a mobile phone interface, including: balance inquiry, mini-statements, account administration, inter-account transfers, remittances, bill and utility payments, airtime purchases, card and PIN services.

“Consumers expect secure and usable functionality from their mobile devices, just as they do from their desktops, with the provision of payments capabilities being no exception,” said Sheida Hadji-Ashrafi, worldwide industry manager for payments at Microsoft. “Due to Postilion’s proven global payments capabilities, underpinned by a reliable and scalable payments platform, the company is one of Microsoft’s key strategic partners in its ecosystem of payments technology providers.”

“In emerging markets, where banking infrastructure is often limited but where mobile infrastructure may be quite extensive, the mobile phone provides an ideal platform to extend the availability of banking services,” said Mark McMurtrie, marketing director at Postilion International. “Mobile acts as a highly effective tool for both customer acquisition and retention and brings banking to the unbanked by utilising the capabilities of the mobile phone.”

The mobile phone provides an ideal platform to extend the availability of banking services

Mark McMurtrie, marketing director at Postilion International The Postilion solution consolidates mobile transactions into one payments hub, allowing for the implementation of a single host integration point and a unified view of the customer. Transactions can be acquired from any available channel, allowing for seamless integration. The offering uses a combination of user selection, application-level and channel-level security, and adheres to industry-standard security guidelines.