HPS expands electronic payments offering with new Canada office

By Delisha Fernandes

HPS, an electronic payment solutions and service provider, is setting up in Montreal to support the modernisation of the payment activity of one of the main Canadian banks.

This first establishment in North America is an important step in accelerating HPS group activities in Canada and the United States over the coming years.

Abdeslam Alaoui Smaili, CEO of HPS, said, “We are looking forward to starting this new challenge with one of North America’s leading banks. The location of our office in Montreal is ideal given the region’s importance in our growth strategy, but also to participate in the ecosystem of innovation, new technological and industry trends, Canada being known for its technological advances, renowned universities and important business opportunities.”

This new office will initially house a team of fifteen people to manage the payment activity of one of the main Canadian banks in processing mode from the Amazon Cloud in Canada. This team will be rapidly reinforced to accelerate the Group’s development in North America, one of the dynamic markets in the world regarding electronic payments.

HPS is a multinational company and a leading provider of payment solutions and services for issuers, acquirers, card processors, independent sales organisations (ISOs), retailers, mobile network operators (MNOs), and national & regional switches around the world.

PowerCARD is HPS ‘comprehensive suite of solutions that covers the entire payment value chain by enabling innovative payments through its open platform that allows processing any transaction from any channel initiated by any means of payment.