Attijariwafa bank has selected HPS's PowerCARD solution for the development of the electronic payment activities of its international subsidiaries
Date: Jul 03, 2015
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.
HPS is a leading payment software company providing electronic payment solutions for financial institutions, processors and national switches all around the world. Through our suite of solutions, PowerCARD, used by more than 320 issuers, acquirers and national switches, we process any card type (credit, debit, prepaid, loyalty, corporate and fuel) via any channel (ATM, POS, internet and mobile) for any kind of merchant.
HPS operates in over 80 countries in 4 continents and counts among our clients several top 100 financial institutions worldwide.
For more information please visit www.hps-worldwide.com
About Attijariwafa bank
Attijariwafa bank, a banking and financial group, with 6.8 million customers and over 16,000 employees, is a pan-African multinational group. Attijariwafa bank is based in Morocco and operates in 23 countries: in Africa (Tunisia, Senegal, Burkina Faso, Guinea-Bissau, Mali, Mauritania, Ivory Coast, Congo, Gabon, Cameroon, Togo and Niger) and in Europe (Belgium, France, Germany, the Netherlands, Italy and Spain) through majority-held banking subsidiaries, and in Dubai, Riyad, London, Shanghai, and Tripoli through representation offices. For more information, visit:http://www.attijariwafabank.com