Attijariwafa Bank Selects HPS's PowerCARD Solution for the Development of the Electronic Payment Activities of its International Subsidiaries.
- 03.07.2015 01:00 am
HPS, the market-leading provider of mission-critical solutions to the cards and payments industry, has today announced a new partnership with Attijariwafa bank Group, one of the leader banks in Africa.
Attijariwafa bank Group chose HPS to assist it in the implementation of a new industrial multi-bank electronic payment platform, compliant with market standards and meeting the regulatory requirements and local specifications of the 11 subsidiaries of the group based in the following ten countries: Cameroon, Senegal, Ivory Coast, Congo, Gabon, Mali, Mauritania, Togo, Niger, and Burkina Faso.
This new platform focuses on four major challenges:
- Expanding the product and services offering,
- Reducing the Time to Market,
- Enhancing quality of service,
- Reducing costs and increasing profitability.
"Our regional development plan aims to position Attijariwafa Bank as a catalyst for opportunities between operators in Africa, Europe and the Middle East", said Mr. Ismail Douiri, Executive Director, Attijariwafa bank. "For us, HPS is a first-choice partner with recognized international expertise in the payment industry. We are convinced that HPS is capable of assisting us in our strategy of innovation and value creation for our subsidiaries' customers."
"We are committed to assisting Attijariwafa bank group in implementing its international development strategy, by providing it with our PowerCARD solutions, as well as our global expertise in over 80 countries worldwide," stated Mohamed Horani, Chief Executive Officer of HPS Group.
PowerCARD covers the entire electronic payments value chain, Acquisition, Issuing and Switching, on a single platform. Based on the most advanced technologies, PowerCARD offers a high level of user convenience and significantly reduces the costs and time linked to the launch of new products.