Abbey National launches UK's First ATM Mobile Top-Up Service With Technology From S2 Systems.Business Editors & High Tech Writers Abbey National is using technology from S2 Systems to allow customers to top-up their Orange prepay mobile phones from the bank's ATM network. The service is the first of its kind in the UK, and will enable Abbey National customers to automatically pay for additional talk-time from their bank account. Ambrose McGinn, Director of Strategic Development from Abbey National, commented: "Abbey National's innovative approach to banking has yet again taken financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to the heart of where they are needed with a mobile phone prepaid service at ATMs. We are fully committed (Law) committed to prison for trial, in distinction from being detained for examination. See also: Fully to improving the convenience of our financial services, and this new service will give customers yet another opportunity to manage their finances in a way that suits them." The top-up service is currently being piloted by Abbey National staff and is expected to be rolled out to the bank's 3,000-plus ATMs in January. From this date, Abbey National customers with Orange prepay phones will have access to a secure, convenient top-up method, which is available round the clock. All top-up requests will be handled by Abbey National's existing ATM transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. platform ON/2(R) from S2 Systems. George Ogden, Market Development Director for S2 Systems, commented: "The top-up requests will be processed by ON/2(R) like any other ATM transaction. Once a customer has entered their card and PIN number, and requested a phone top-up, ON/2(R) will check the mobile number is correct before sending a request to the network operator to authorise the transaction." These authorisation requests will be sent to Orange via Euronet WorldWide's ATM Recharge re·charge tr.v. re·charged, re·charg·ing, re·charg·es To charge again, especially to reenergize a storage battery. re solution, which provides the interface with the network operators' systems. "The IT systems powering Abbey National's ATM top-up service will be transparent to the user, and will process requests within seconds," added Ogden. "ON/2(R) already handles millions of transactions per day from Abbey National's customers, and can easily scale to meet customer demand for the new top-up service." Notes for Editors About S2 Systems S2 Systems International is a leading global provider of mission-critical enterprise payment and transaction management solutions for the financial services, retail, telecommunications, travel & transport industries. Today, S2 Systems technology is the best of its class in price and performance, delivering improved reliability and availability to businesses worldwide, with the industry's best ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . And for nearly 20 years, some of the world's largest organisations have relied on S2 products to drive their high-volume transaction processing systems A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. . S2 Systems is headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. and has offices in London, Paris, Amsterdam, Stockholm, Dubai, Riyadh, Johannesburg, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Beijing, Melbourne, and Sydney. For more information about S2 Systems, visit www.s2systems.com. About Abbey National Abbey National plc is the UK's sixth largest banking group as measured by assets. Abbey National plc and its subsidiaries offer a comprehensive range of personal financial services including savings and investments, mortgages, banking, pensions, unit trusts, life and general insurance products, as well as secured and unsecured lending, to over 16 million customers in the United Kingdom. The Group's reach also stretches beyond the UK. Abbey National has retail operations in France and Italy, and offshore operations in Jersey, the Isle of Man Noun 1. Isle of Man - one of the British Isles in the Irish Sea Man British Isles - Great Britain and Ireland and adjacent islands in the north Atlantic , Gibraltar, Portugal, Hong Kong and Dubai. In addition, Abbey National's wholesale banking arm (Abbey National Treasury Services Treasury services is a function of an investment bank which provides transaction, investment and information services for chief financial officers, treasurers. Treasury services concentrates and invests client money, and provides trade finance and logistics solutions as well as plc) is a leading participant in the international financial markets. About Euronet Worldwide Euronet Worldwide, EEFT (Nasdaq), is the largest independent Automated teller machine (ATM) acquiring network in Central/Eastern Europe. It was founded in 1994 by brothers-in-law Dan Henry and Mike Brown. Euronet purchased it's software solutions vendor, Arksys, in 1999. Euronet Worldwide is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators. These solutions enable their customers to access personal financial information and perform secure financial transactions - any time, any place. The company has processing centers located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and Asia, and owns and operates the largest independent ATM network in Europe. With corporate headquarters in Leawood, Kansas Leawood is a city in Johnson County, Kansas, United States and is part of the Kansas City Metropolitan Area. The population was 27,656 at the 2000 census. Geography Leawood is located at (38.920802, -94. , USA, and European headquarters in Budapest, Hungary, Euronet serves more than 200 clients in 60 countries. Visit our web site at www.euronetworldwide.com. About Orange Orange provides a broad range of personal communications services See PCS. , including Orange GSM 1800 and other digital cellular telephone services, to over 12.7 million customers in the UK, 18.3 million in France and approximately 40.5 million controlled customers worldwide. Orange plc was acquired by France Telecom in August 2000, leading to the creation of Europe's second largest mobile operator. The new Orange has operations in 20 countries across Europe and beyond, and aims to have a presence in markets covering 1.5 billion people worldwide by 2005. Orange UK now offers roaming in 262 networks in 116 countries. Information about Orange can be found on the Orange web site at www.orange.co.uk and media information can be found at www.orange.com. NB Orange, wirefree and any other Orange product or service referred to in this release is a trademark of Orange. |
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