Home > Who We Are > Path of Growth

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1995 - 1999

  • HPS creation and development of PowerCARD suite of solutions
  • PowerCARD first bank clients in MENA
  • First consumers loans client in Turkey
 

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2000 - 2001

  • Diners Club Europe selects HPS to support payment processing in 9 European countries
  • PowerCARD mission-critical setup at JCC national switch in Cyprus
  • First clients in Telecom and Petroleum industries
  • HPS is ranked by the Nilson Report among the top 30 payment industry operators
 

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2002 - 2005

  • First processor running on PowerCARD in Western Europe
  • HPS 2nd national switch in Morocco - CMI
  • 1st regional switches with BEAC and BCEAO to manage global electronic payment systems over 14 countries
  • Opening of the 1st regional office in Dubai for Middle East and Asia
  • 1st HPS processing JV in Middle East with GPS
  • New version of PowerCARD and 1st client certified EMV
 

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2006 - 2007

  • 2 major financial institutions in Japan select PowerCARD
  • A leading north American prepaid operator opts for PowerCARD
  • 2nd HPS processing JV with ICPS for Africa
  • HPS is listed on the stock exchange
  • HPS wins the WIPO Trophy for innovation and is voted Best Investor in the MENA region
 

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2008 to date...

  • AMEX chooses PowerCARD to manage all payment activities across 18 MENA countries
  • PowerCARD is selected by Credit Agricole's processing center, the largest merchant acquirer in Europe
  • Embratec in Brazil, the 5th issuer in Latin America, selects HPS
  • 3 of the 16 banks of Fullerton Holding, a major group in Singapore, select HPS
  • Opening of the European regional office in Paris and acquisition of an European leading software testing company
  • First clients for PowerCARD-Mobile solutions
  • PowerCARD certified PA-DSS
  • HPS rated "Positive" by Gartner