NEW YORK and PARIS, Mar. 6, 2018 (Business Wire) – HPS, a multinational company and leading provider of electronic payment solutions for financial institutions, card processors, merchant acquirers, independent sales organizations (ISOs), and national and regional switches around the world, today announced that payments industry veteran Michael J. Dooley has been hired to spearhead the company’s expansion in the U.S. marketplace, further growing its U.S. PowerCARD customer base. Today HPS serves 350-plus users in more than 85 countries across five continents, including ISOs, acquirers, issuers and third-party processors in America.
PowerCARD is a fully integrated issuing, acquiring, switching and chargeback dispute platform that allows licensing organizations to take control of payment processing, saving time and money while increasing business valuation. With PowerCARD, businesses can efficiently and effectively gain control of payment processing while benefitting from the HPS commitment to ongoing system enhancement. PowerCARD supports all international payment networks and more than 35 domestic schemes around the world.
“PowerCARD gives U.S. merchant acquirers and ISOs the power to take control of their operations and benefit from superior technology, reduced expense and increased valuation,” said Dooley, U.S. sales and marketing director for HPS. “It is this aspect of control that drives organizations to move to in-house technology or replace legacy platforms,” added Dooley. “I am honored to join HPS, a prestigious, global payments organization, to lead the U.S. effort.”
HPS is a leading provider of electronic payment solutions for financial institutions, card processors, merchant acquirers, ISOs, and national and regional switches around the world. Operating in more than 85 countries on five continents, the HPS PowerCARD platform is used by more than 350 organizations spanning the entire payments value chain, including several top 100 global financial institutions. These businesses process any type of card (credit, debit, prepaid, corporate, fuel, etc.) via any channel (ATM, POS, Internet, mobile, etc.) for any kind of merchant. Headquartered in Casablanca, Morocco and listed on the Casablanca Stock Exchange since 2006, HPS employs more than 400 payments experts and engineers in Casablanca, Dubai, Paris, Aix-en-Provence, France, Singapore and now the United States. For more information, please visit hps-worldwide.com.