7/29/2023 0 Comments Powercard gm![]() ![]() Given the Bank’s impressive track record of adopting new technologies, it’s an honor to have been selected to support their next drive for innovation. This is important for two reasons first, it means that change can be implemented faster and at lower cost and second it facilitates payments innovation by allowing new products to be brought to market more easily.Īlan Scoular, CEO FNB Merchant Services commented: “We are looking forward to rolling out the PowerCARD application software across our business as we believe it will provide us with the opportunity to further roll out world-class payment services for our customers more quickly.”Ībdeslam Alaoui, Managing Director, HPS, added: “We are delighted that FNB has selected PowerCARD as the new platform for their acquiring business. PowerCARD will be rolled out across FNB’s African network of 7 countries, supporting the entire merchant acquiring activities across Africa.įNB becomes the first South African bank to implement an open payments platform in order to accelerate the delivery of innovative solutions to their customers.įNB found that PowerCARD was the best fit application software to cover the entire payments value chain in one single software solution. ![]() The new platform will allow FNB to tailor specific solutions such as merchant origination, billing, settlement and reporting, as well as merchant campaigns and merchant management support. FNB will use PowerCARD to drive innovation across its merchant acquiring business.
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