S1 Corporation's Postilion obtains a foothold in Latin America

Postilion, a provider of software solutions and a division of S1 Corporation has announced the signing of four new Latin American customers: 3 Venezuela-based Banco Micasa, Banco Corp Banca, and Banco Banorte, all based in, and one  ATMBanco Mercantil Santa Cruz in Bolivia. Now the total number of Postilion's customers in Latin America has grown to 32. According to the company Postilion has worked closely with its Latin American reseller, Advance Service International (ADSI) to secure those deals.

"Postilion now has a significant presence and market share in the Venezuelan payments market, and is gaining traction across the Latin American region. Our long-term partnership with Postilion allows us to offer financial institutions a flexible suite of payments products suitable for ATM owners and deployers, merchant acquirers, retailers, and card issuers," says Juan Samaniego, CEO of ADSI.

"Our presence in Latin America has grown significantly over the past several years and today's announcement of the addition of four Latin American customers is a gratifying sign of the success we are having in the market. As these customers have noted, Postilion's open-systems platform and modern architecture offer financial institutions the benefits of flexibility, scalability, and reduced total cost of ownership," says Doug Parr, SVP and General Manager, Postilion Payments, Americas.