Modernising Payment Processing for Global Scale | HPS | Money20/20 Asia 2026
By Ali Paterson · 10 August 2026
In brief: HPS provides the PowerCARD platform, a unified, cloud-native solution that enables financial institutions to manage the full payment lifecycle, including issuing and acquiring, across 90+ countries.
| Primary Product | PowerCARD |
|---|---|
| Global Reach | 90+ countries |
| Client Base | 450+ institutions |
Quick Summary
HPS provides a unified payment platform called PowerCARD that enables financial institutions to manage issuing, acquiring, and switching on a single system. By leveraging cloud-native architecture and open APIs, HPS helps organizations transition from legacy infrastructure to modular payment processing for improved scalability and global reach.
How Does HPS Solve Legacy Payment Challenges?
Many financial institutions struggle with fragmented legacy systems that operate in silos, slowing down innovation and increasing operational costs. HPS addresses this by offering a consolidated software suite that handles the entire payment value chain. This approach allows banks to streamline internal operations and reduce the complexity of managing multiple vendor relationships.
- Single platform for issuing, acquiring, and switching.
- Cloud-agnostic deployment for maximum flexibility.
- API-first design to facilitate rapid third-party integrations.
What Results Has PowerCARD Delivered for Global Banks?
The transition to modular payment technology has allowed HPS clients to achieve significant gains in operational efficiency. By utilizing microservices, institutions can update specific features without taking the entire system offline, ensuring high availability for consumers. The platform currently supports 450+ institutions across more than 90 countries, proving its ability to handle diverse regulatory environments and high transaction volumes.
How Does HPS Support Cross-Border Payment Innovation?
As global commerce expands, the need for interoperable payment rails becomes critical. HPS facilitates this by supporting multi-currency transactions and local payment methods through a single integration point. This enables merchants and banks to expand into new markets quickly, often reducing the time-to-market for new regional launches by over 50% compared to traditional development cycles.
FF NEWS TAKE:
HPS continues to move the needle by proving that unified payment cores are the future of scalable finance. While many competitors focus on niche segments, HPS’s ability to handle the full payment lifecycle - from switching to acquiring - positions them as a critical infrastructure partner. Their commitment to cloud-native modularity is exactly what tier-one banks need to survive the shift away from mainframe dependency.
Frequently asked questions
What is HPS PowerCARD?
HPS PowerCARD is a comprehensive, unified payment software suite that allows financial institutions to manage issuing, acquiring, switching, and mobile payments on a single platform. It is designed to replace legacy silos with a modular, cloud-native architecture that supports global scalability.
How does HPS support global payment expansion?
HPS supports global expansion by providing a multi-currency, multi-language platform that is already operational in over 90 countries. Its API-first approach allows banks to integrate local payment methods and comply with regional regulations quickly, significantly reducing time-to-market.
What are the benefits of a unified payment platform?
A unified platform like PowerCARD reduces operational complexity by consolidating different payment functions into one system. This leads to lower maintenance costs, better data visibility across the payment lifecycle, and the ability to launch new products faster through shared microservices.
Part of our Money20/20 Asia 2026 coverage.