The contract of ICPS acquisition, for which HPS was supported by Attijari Finance and Norton Rose, remains subject to the usual suspensive clauses and approval by the authorities concerned. Following the lifting of these suspensive clauses, HPS will inform the market.

-End-

About HPS

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.

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. PowerCARD is used by more than 400 users in over 90 countries.

HPS is listed on the Casablanca Stock Exchange since 2006 and has offices located in major business centres (Africa, Europe, Asia, Middle-East).

For more information : www.hps-worldwide.com

About MCB Group

Since its creation in Mauritius in 1838, The Mauritius Commercial Bank (MCB), the country's largest bank, has evolved into an integrated financial institution, which offers tailor-made services to an array of clients consisting of individuals, businesses and other financial institutions. The rich history of MCB, its commitment to customer service and excellence, its innovative culture and the quality of its employees have reinforced its strong franchise.

The Group continues to increase its presence in Sub-Saharan Africa and has established a physical presence in 10 countries through its subsidiaries in Madagascar, Seychelles and Maldives. It also has representative offices in Johannesburg, Nairobi, Paris and Dubai, as well as through its partners, Société Générale Moçambique and the Banque Française de l'Océan- Indien (BFCOI - which is present in Reunion Island, Mayotte and Paris).

MCB Group is listed on the Stock Exchange of Mauritius, with assets exceeding USD $ 14 billion.

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HPS - Hightech Payment Systems SA published this content on 09 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2021 08:54:05 UTC.