Hightech Payment Services (HPS) Worldwide is a global leader specializing in electronic cards and payments technology. Since 1995, the company has grown to serve more than 500 clients across 95 countries and has achieved international recognition for its expertise.
HPS Worldwide offers fully integrated services with all international payment networks and whose solutions extend across the entire payment value chain.
In the digital age, payment systems have become a core element driving the global economy. They represent the infrastructure, software, and processes that facilitate financial exchanges at scale. Companies like HPS Worldwide ensure that transactions are secure, efficient, and adequately tracked. At the same time, they offer numerous key financial services, including the following:
Card Issuance for Modern Convenience
Card issuance is the term for a bank or financial institution’s process of providing credit, debit, or prepaid cards to customers. This way, individuals and businesses can access funds, make purchases, and manage their finances conveniently in the modern economy. HPS Worldwide’s PowerCARD-Issuer can support financial institutions, banks, and credit companies of any size and in all formats.
Merchant Acquisition to Secure the Payment Process
Merchant acquiring is the secure transmission of data to ensure valid transactions. An increasingly interconnected world means new challenges for merchant acquisition processes, as acquirers are pressured to optimize costs and boost efficiency. HPS Worldwide’s PowerCARD-Acquirer offers tailored solutions to achieve automatic settlement and secure payment processes.
Credit Management to Monitor Cash Flow
Another essential solution in payment systems is the credit management tool, which helps businesses manage credit and loans. HPS Worldwide’s PowerCARD-Issuer helps firms manage loan portfolios and minimize operational costs to ensure proper credit management. Credit influences a company’s cash flow, financial stability, and overall risk, so tools like these can make a genuine difference.
Fraud Monitoring for Real-Time Support
As cybercrime continues to rise globally, fraud monitoring services become integral to company success. While issuers and acquirers may have needed to monitor and authorize transactions manually, tools like HPS Worldwide’s PowerCARD-Fraud solution allow for automatic alerts and real-time monitoring to mitigate financial fraud. As the company continues to combat fraud and support business, it also grows its global footprint.
ATM Management for Processing Optimization
ATMs are becoming increasingly popular for financial institutions and retailers worldwide, but these installations demand a new suite of services. At the same time, operational costs must be minimized, and services must be made consistent. HPS Worldwide’s PowerCARD-ATM offers a comprehensive self-service ATM processing solution for the secure management of ATMs.
Payment Analytics to Take Advantage of Financial Data
Data is key to financial success, so HPS Worldwide offers financial services to turn detailed payment data into actionable insights. The PowerCARD-BI is incredibly effective, offering businesses and financial institutions clear visibility into existing data with graphs and tables. Combined into one dashboard, HPS Worldwide’s data analytics tool helps companies fully take advantage of data and all other tools in the suite.
Services That Strengthen the Entire Payment Value Chain
HPS Worldwide has many more services to support global businesses and financial institutions, all aimed at strengthening the entire payment value chain. From customer, merchant, issuer, acquirer, and card network itself, HPS Worldwide’s comprehensive solutions benefit the many entities that facilitate a financial transaction.
Though customer expectations and industry needs continue to change, HPS Worldwide is constantly innovating on new solutions, remaining flexible, and focusing on the future of the payments industry. They aim to be a first-choice partner on the global stage, encompassing numerous essential finance solutions to optimize efficiency and create lasting change.
