![]() ![]() The software will perform all data preparation then transmit that data to the entity handling provisioning to the mobile device. It will map a token to the original personal account number (PAN) as well as provide for storage in a token vault. ![]() PowerCard will provide interfaces with the token requester (an issuer or its processor) for the enrollment as well as all lifecycle events such as requests for new tokens and replacement support related to lost/stolen cards and mobile devices. HPS has 320 issuer, acquirer, and national switch customers for its PowerCard card management software. The service is available in hosted or on-premises models. It will secure account credentials for payment applications in rich mobile operating systems, secure elements (embedded and SIM), and trusted execution environments (TEE). The Gemalto/HPS end-to-end service is integrated, modular, and agnostic of the consumer device. Its experience, character and values make Serquo a leading company in software creation, committed to the values of excellence, innovation, and quality.HPS, provider of PowerCard payment software to clients in 72 countries, has formed a global partnership with Gemalto, the world’s largest manufacturer of EMV-compliant payment cards, to support EMVCo-compliant tokenization of mobile payments. Serquo is a software technology company, with more than 25 years of experience, experts in web development, financial device connectivity and payment solutions. HPS is listed on the Casablanca Stock Exchange since 2006 and has offices located in major business centres (Africa, Europe, Asia, Middle East). PowerCARD is used by more than 400 institutions in over 90 countries. PowerCARD is HPS comprehensive suite of solutions that covers the entire payment value chain by enabling innovative payments through its open platform that allows the processing of any transaction coming from any channel initiated by any means-of- payment. 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. “We look forward to working together on exciting and innovative projects across the peninsula.” “Through this partnership, HPS has established a local presence in Spain which will help us grow our footprint and deliver innovative payment solutions to all the banks in the country.” said Sebastien Slim, Europe & Americas Regional Director of HPS. It will also strengthen our presence and our offer, always keeping in mind our standards of excellence.” said Galia Gómez, CEO of Serquo. This new agreement will create many opportunities for both companies in the Spanish market. “We are very pleased to partner with a global and well-known player such as HPS. HPS’s collaboration with Serquo will allow both companies to exchange and maximise their technological capacity, which will in turn enable HPS to further expand its partnerships and presence in Europe and more specifically in Spain. Leveraging on Serquo strong local presence and experience in payment & testing, this partnership will allow spanish financial institutions to benefit from an end-to-end service offering with a five-star local support. Madrid and Casablanca, – Serquo, a leading software and technology company, and HPS, the leading global provider of payment solutions, today announced a long-term strategic partnership to offer new and exciting payment technologies.Ĭombining their respective expertise in IT and payment software, Serquo and HPS will join forces to offer state-of-the-art payment solutions. ![]()
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