HP’s PowerCARD software, a cost-effective alternative card payment system

HP, one of the world’s largest IT companies, recently announced that banks, retailers and telecom operators can now boost the cost-effectiveness of their card operations with the HP PowerCARD payment management software.

This now means that HP now offers customers a card payment solution across Europe, Middle East and Africa. This solution complements HP’s existing card services utilities, are already available to clients in the Americas and in the Asia-Pacific regions.

“Organisations now have the opportunity to improve their card solutions by replacing legacy hardware and software with something much more flexible and cost-effective,” said Helen Rich, Country Manager, Enterprise Services, South Africa, HP.

“HP is viewed by many as the OEM of the payment industry, and our tests confirm PowerCARD as a robust, scalable complement to HP’s own Payments Solutions for the EMEA region. Organisations of all sizes can now boost the cost-effectiveness and competitive positioning of their card issuing, switching and acquiring solutions.” Rich added.

HPS, an HP AllianceONE partner, is a leading payment software company who currently provides state-of-the-art card, ATM and POS management systems for over 320 financial institutions in 70 countries.

As part of the HP AllianceONE program, HP and HPS will jointly offer outsourced payments solutions based on PowerCARD software in the Europe, Middle East and African (EMEA) region.  

HP offers a broad solution set for both in-house processing and outsourced services and works with clients globally to define the appropriate strategic fit for their cards and payments business.

In a series of rigorous tests conducted over five weeks on the latest HP Superdome2 servers, the HP European Performance Centre scaled PowerCARD payment software up to 100 million accounts with processing cycles of 3,000 transactions per second for up to 5,000 concurrent users.

Performing online data and batch processing with economical HP-UX server infrastructures ensures that resource is readily available, and enables changes to products and services to be delivered in a fraction of the time taken by a mainframe solution.

“The HP tests clearly demonstrate that the reliability, availability and scalability required for 24×7 card processing services can be achieved by running PowerCARD software on HP-UX servers,” said Abdeslam Alaoui, Managing Director, HPS.

“The collaboration between HPS and HP in this project has been excellent. As an AllianceOne Partner, HPS will continue working with HP to deliver modernisation programs in electronic payment for any financial institution that is looking to win market share or escape the technology legacy trap.” Alaoui said.

HP AllianceONE is a comprehensive partner program for technology companies focused on HP’s Converged Infrastructure strategy of providing a shared services model to deliver secure, best-in-class applications.

HP’s premier Europe, Middle East and Africa client event, HP Discover, takes place Dec. 4-6 in Frankfurt, Germany.

Posted in: Internet

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