HPS provides a suite of payment processing solutions through its PowerCARD platform, which supports transactions across various channels and payment methods for issuers, acquirers, and retailers. The technology enables over 450 institutions in more than 90 countries to efficiently manage and streamline their payment operations, enhancing transaction speed and reliability.
Funding
Funding not disclosed
Founders
Product
Problem
Payment processing across multiple channels and methods can be complex and inefficient for issuers, acquirers, and retailers, leading to increased operational costs and slower transaction times. Existing systems often lack the flexibility to adapt to new payment technologies and evolving customer demands.
Solution
HPS offers the PowerCARD suite, a comprehensive payment platform designed to streamline and manage transactions across various channels and payment types. PowerCARD provides an omni-channel solution that enables innovative payments, processing transactions initiated through any channel and means of payment. The platform enhances transaction speed and reliability, allowing institutions to efficiently manage their payment operations.
Target Audience
HPS primarily serves financial institutions, including issuers, acquirers, card processors, independent sales organizations (ISOs), retailers, and national & regional switches.
Features
- Omni-channel payment processing supporting diverse transaction channels.
- Comprehensive suite covering the entire payment value chain.
- Supports card issuing, credit management, merchant acquiring, and fraud monitoring.
- Retail payment, e/m Commerce, payment analytics, and mobile payment solutions.
- ATM and POS management capabilities.
- PowerCARD-Issuer, Acquirer, Switch, ATM, Fraud, WebPublisher, and Wallet modules.
- Retailer Open Payment Platform.
- PowerCARD-xPOS, ACH, eSecure, BI, and Tokenisation modules.