About Hightech Payment Systems (HPS)
Hightech Payment Systems, known as HPS, is a payment technology company founded in Morocco in 1995 and listed on the Casablanca Stock Exchange. It has a regional office in Dubai serving the Middle East.
HPS is best known for PowerCARD, a software platform that banks, processors and retailers use to issue cards, process transactions, manage merchants and detect fraud. Many financial institutions around the world run their card businesses on it.
The company also offers processing services, where it runs payment operations on behalf of clients, and switching services that route transactions between banks and networks.
As payments move towards instant transfers, digital wallets and new card types, banks need flexible software that can support new products quickly, which is the market HPS serves.
Its Dubai office supports clients across the Gulf, where banks and fintechs have been modernising their payment systems.
The UAE's payment landscape has evolved quickly with the rise of contactless payments, digital banks and the Central Bank's instant payment initiatives.
HPS is a Moroccan company rather than a UAE startup, and Startups UAE lists its Dubai presence among the payment technology providers in the UAE.
HPS is best known for PowerCARD, a software platform that banks, processors and retailers use to issue cards, process transactions, manage merchants and detect fraud. Many financial institutions around the world run their card businesses on it.
The company also offers processing services, where it runs payment operations on behalf of clients, and switching services that route transactions between banks and networks.
As payments move towards instant transfers, digital wallets and new card types, banks need flexible software that can support new products quickly, which is the market HPS serves.
Its Dubai office supports clients across the Gulf, where banks and fintechs have been modernising their payment systems.
The UAE's payment landscape has evolved quickly with the rise of contactless payments, digital banks and the Central Bank's instant payment initiatives.
HPS is a Moroccan company rather than a UAE startup, and Startups UAE lists its Dubai presence among the payment technology providers in the UAE.