Postilion Appoints Stream I.T. Consulting Ltd as Reseller for Thailand

Postilion announced the appointment of Stream I.T. Consulting Ltd. as a reseller in Thailand. This appointment represents a strategic union between one of the leading systems integration companies in Thailand with the leading international vendor of open systems payments platforms. Through this partnership, Thai banks will be able to gain access to a modern, proven, flexible, payments platform. 

As a mature and highly scalable payments software platform, Postilion delivers extremely high availability thanks to its active/active architecture.  Some notable Postilion clients include 2 of the largest ATM deployers in the world, approximately 25% of all off-premise ATMs in the United States, the world's largest private label credit card issuer, 3 of the top 4 banks in Africa, the top 3 banks in the United Arab Emirates, and 5 of the top 10 retailers in the United Kingdom.

"Our new relationship with Postilion comes at the right time as many banks in Thailand have reached the end of their investment cycle in legacy payments systems.  These banks are looking to move to an open systems environment and have a more flexible payments platform that can support new payment instruments, advanced transaction sets, and additional sales channels such as the mobile phone," said Kanokvipa Viriyaprapaikit, president, Stream I.T. Consulting. "Stream has built-up a team of highly experienced payments engineers that are ready to support migrations to the Postilion platform."

"Stream brings us an in-depth understanding of the Thai market and business culture. Postilion brings a technologically advanced payments solution that has been proven in leading markets around the world. Combining Stream's local professional services resources and support capabilities with Postilion's global experience will ensure rapid and high quality service is successfully delivered to the Thai market," said Francois van Schoor, president of Postilion Payments.