ATM contract for Logica from Centurion

By Our Special Correspondent

BANGALORE, MAY 12. Logica India today announced that it has been appointed by Centurion Bank to implement the Postilion ATM switch to run all its ATMs throughout India. The contract includes interfaces to Mastercard, Visa and the Shared Payment Network System (SPNS) in India, known as Swadhan, together with Logica's Q-Cards card management system.

The implementation will allow Centurion Bank to issue its customers with Mastercard Cirrus/Maestro debit cards that can be used throughout India and worldwide. The bank will also use Postilion to expand its ATM network to all major Indian business centres by the end of this financial year.

Postilion is the world's first widely used ATM switch implemented on Microsoft's Windows NT platform. It has been implemented widely around the world, including over 60 new customers in the last three years.

Logica has based its worldwide retail banking product centre in Bangalore, with over 250 staff. It has already sold these retail banking products to many international banks such as ABN AMRO and NatWest, as well as to local Indian banks.

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Section  : Business
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