Banque Populaire selects HPS's PowerCARD solution to expand its pan-African electronic payments platform

Date: Feb 16, 2015

The partnership between Banque Populaire and HPS dates back to 2001 when the

PowerCARD solution was implemented to manage all Moroccan electronic

payment activities of the Group that offers today a comprehensive card payment

service with almost 4 million cards issued and a network of more than 1,500


This strategic partnership was strengthened when Banque Populaire Group

choses the PowerCARD solution in November 2014 to manage all the electronic

payment activities for all the banks in its subsidiary, namely, Banque Atlantique

present in Benin, Burkina Faso, Ivory Coast, Mali, Nigeria, Senegal, and Togo.

"We have a longstanding partnership with HPS and are delighted to extend this to

include Banque Atlantique through the emergence of the first pan-African payment

platform in Morocco," commented Hassan Debbagh, Deputy Managing

Director, Banque Populaire, "PowerCARD is the perfect solution for our Group,

because its flexibility enables our subsidiaries to serve the specific needs of their

local customers while still consolidating our pan-African payments platform; which

was first designed to serve our Sub-Saharan African subsidiaries before

processing other banks’ payment activities”.

The consolidation of all electronic payment activities onto a single PowerCARD

platform at the cutting edge of technology now enables Banque Populaire to

reduce its costs and improve not only its efficiency, but also the competitiveness of

its electronic payment service in Morocco and its subsidiaries in Sub Saharan

African countries.

"Africa has an important place in our international expansion strategy. We are

delighted to see Banque Populaire Group development in Africa and are honoured

to support the Group with our international experience spanning over 70 countries

on 4 continents", said Mohamed Horani, President and CEO of HPS.

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About BCP

• Almost 4 million cards (First Moroccan card issuer)

• The largest ATM network in Morocco with more than 1500 ATM

• A large processing capacity with more than 200 millions authorizations in


• Certified payment activity:

o ISO 9001 version 2008 since 2005

o PCI-DSS: this certification enables the bank to fulfil the

requirements of the international schemes (Visa, MasterCard,

American Express, JCB, and Discover) in terms of cardholders’

data security.

For more information, visit:

About us

HPS is a leading payment software company providing electronic payment

solutions for financial institutions and processors as well as national and regional

switches all around the world. Through our suite of PowerCARD solutions, which

are used by more than 320 issuers, acquirers and national switches, we process

any card type (credit, debit, prepaid, corporate, loyalty and fuel) via any channel

(ATM, POS, internet and mobile) for any kind of merchant.

HPS operates in over 72 countries in 4 continents and our clients include some of

the top 100 financial institutions worldwide. For more information, please visit

HPS contacts

Abdeslam Alaoui Smaili

Managing Director

Tel: +212 529 045 000