London, 23 January 2003 - Stratus Technologies Systems Limited and Mosaic Software, the global transaction processing software provider, announced today that they have introduced a continuous Chip and PIN processing solution aimed at multi-lane retailers.
The solution is based on a Stratus(r) ftServer(r) system providing a fault-tolerant, continuous-availability platform for Mosaic Software's retail solution: Postilion for Chip and PIN. The combined solution will enable retailers to support Chip and PIN at the point-of-sale with unmatched application availability and transaction volume capability.
Benchmarking of Mosaic Software applications on ftServer systems shows that a Stratus ftServer 6500 4-way system supports over 200 transactions per second (tps), enabling the combined Stratus/Mosaic solution to scale to meet a retailer's most demanding needs.
According to Jeremy Lovett, Stratus EMEA Business Development Manager, deploying Postilion for Chip and PIN on ftServer systems means no disruption to processing services, minimising business risk and maximising profitability. "With the volume of transactions that large retailers handle, any downtime is very costly. Stratus ftServer systems give higher availability than rival solutions, as well as easier application management and lower cost of ownership."
Charles Denwood, Sales Director at Mosaic Software, explains the benefits of Postilion for Chip and PIN for multi-lane retailers: "Deploying our software will allow retailers to provide Chip and PIN functionality at the POS with minimal integration. The solution also provides continuous availability of the payment infrastructure, not only due to the use of a high availability platform such as the Stratus ftServer, but also in-store, and on the till itself. This allows the retailer to accept card payments even when offline. Non-financial cards are also processed by the product, allowing retailers to offer modern payment services such as mobile prepay top-up, staff discount and loyalty programmes at the POS. The result is a seamless integration of POS and EFT, using a modern hardware-independent payment solution built on open design principles. And we are delighted that large retailers such as Marks & Spencer are already committed to using Mosaic Software's Chip and PIN solution."