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HPS positioned as the Leader in the 2023 SPARK Matrix™ for Merchant Payment Platform by Quadrant Knowledge Solutions

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  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Merchant Payment Platform vendors.
  • HPS, with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact.

MIDDLETON, Mass., Jan. 10, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named HPS as a 2023 technology leader in the SPARK Matrix: Merchant Payment Platform, 2023.

The Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

According to Pradnya Gugale, Senior Analyst at Quadrant Knowledge Solutions, “HPS’s integrated technology platform incorporates a merchant management solution with multi-channel coverage. The company’s end-to-end merchant management solutions includes merchant payment acceptance and disbursal, supported by the scalability, reliability, and quick response time inherent in a microservices architecture. The company also offers a cohesive catalog that facilitates effective product management and smooth merchant onboarding across diverse chains and segments through a master contract template, minimizing configuration errors and necessitating only parameter adjustments.”

“With its overall sophisticated functional offerings, strong customer value proposition, and robust roadmap, HPS continues to retain its positioning as a technology leader in the global market of 2023 SPARK Matrix™: Merchant Payment Platform and has received strong ratings across the parameters of technology excellence and customer impact,” she adds.

Abdeslam Alaoui Smaili, CEO of HPS, said: “We are incredibly excited about the impact our PowerCARD solutions are making in revolutionizing the payments ecosystem, ensuring that every transaction is both effortless and secure. At HPS, our passion lies in delivering cutting-edge technology that adds significant value for our customers, while providing our partners and stakeholders with a steadfast and dependable solution. We are truly honored to be recognized as market leaders in our field.”

Quadrant Knowledge Solutions defines Merchant Payment Platform as:

‘A unified solution that aids merchants in electronically accepting and managing payments, payouts, disbursals, settlements, and subscriptions, as well as resolving disputes, combating fraud and complying with global regulations. A merchant payment solution delivers end-to-end omnichannel payment processing services, such as in-store payments, online payments, and payments across multiple digital channels. The solution also offers multi-currency and multi-lingual capabilities that help merchants in accepting payment types such as mobile, eCommerce, and point-of-sale (POS) transactions through various card types, mobile wallets, ACH direct payments, and electronic payments via global network for payments.’

A comprehensive merchant payment solution encompasses payment acceptance, payout and settlement routing, and disbursement processes. It offers payment gateway services and ensures protection against fraudulent activities, all while adhering to global regulations. In any online transaction, four key parties are involved: the merchant, customer, issuing bank, and acquiring bank. This payment solution also provides a comprehensive overview of acquiring bank-related activities related to merchants, including onboarding, servicing, disputes, and payments. Additionally, it offers specialized programs for merchants. Supporting various payment options, it can connect different stores and merchants, enhancing sales figures and delivering a seamless customer experience. The demand for such solutions is expected to rise in the future due to widespread digital transformation and a growing preference for online shopping.

Additional Resources:

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 500 institutions in over 90 countries.

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

Media Contacts:
[email protected] 

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more available research, please visit https://quadrant-solutions.com/market-research/ 

Quadrant Contact:
Mr. Ajinkya Ingle
Quadrant Knowledge Solutions
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: [email protected]
Phone: (+1) 978-605-1066
Content Source: https://quadrant-solutions.com/press-release/hps-positioned-as-the-leader-in-the-2023-spark-matrixtm-for-merchant-payment-platform-by-quadrant-knowledge-solutions-461
Connect with us on LinkedIn- https://www.linkedin.com/company/quadrant-knowledge-solutions/

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Fintech PR

Vantage Markets Wins “Best Range of Markets” Award from Compare Forex Brokers 2025

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PORT VILA, Vanuatu, Jan. 14, 2025 /PRNewswire/ — Vantage Markets has been honored with Best Range of Marketsaward for 2025 by Compare Forex Brokers, a leading authority in evaluating trading platforms. This accolade reflects Vantage’s commitment to offering an unparalleled range of tradable instruments, leverage options and suitability for diverse trading strategies while maintaining transparency, trust, and innovation.

Justin Grossbard, CEO and Head of Research at Compare Forex Brokers, commended Vantage for setting industry benchmarks, “Your commitment to providing a seamless trading experience, supported by innovative technology and a customer-focused approach, is truly commendable. Trust is at the heart of our industry, and Vantage Markets has continually set the benchmark for integrity and professionalism.”

The recognition celebrates Vantage’s dedication to offering a wide array of CFD markets, empowering traders with flexibility and choice.  This includes forex, commodities, indices, shares, ETFs, and bonds CFDs, ensuring clients have access to diverse trading opportunities supported by cutting-edge tools and a robust platform.

Marc Despallieres, Chief Strategy & Trading Officer at Vantage, expressed gratitude for the award, “Winning the ‘Best Range of Markets’ award from Compare Forex Brokers is a proud moment for us. It underscores our dedication to delivering exceptional trading experiences through innovation and trust. This achievement reflects the hard work of our team and the trust our clients place in us. We remain committed to pushing boundaries and providing our global community with unparalleled opportunities.”

As Vantage continues to evolve, the company is focused on maintaining its position as a leader in the trading industry by expanding its offerings, advancing technology, and fostering transparency.

For more information about Vantage Markets and its award-winning services, visit Vantage Markets.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

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RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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Connectivity emerges as a top priority when selecting commercial real estate

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New research shows connectivity overtakes pricing and amenities when making leasing decisions for office space.

LONDON, Jan. 14, 2025 /PRNewswire/ — A recent study commissioned by Boldyn Networks (Boldyn) reveals that Wi-Fi and cellular connectivity are among the most important considerations for business leaders when choosing their next premises. The report ‘Location. Location. Connectivity.’ surveyed over 2,000 business leaders across the US and UK and found that connectivity now outranks price and amenities when it comes to leasing decisions. While location still ranks as the top factor, Wi-Fi connectivity is a close second, followed by cellular connectivity. And with a staggering number of business leaders (79% in the US/77% in the UK) looking to move to a new building within the next five years, these findings reflect the growing importance of reliable connectivity for commercial tenants.

The significance of connectivity extends beyond just leasing decisions. The report also reveals that four in five business leaders surveyed believe that seamless connectivity has a direct impact on employee productivity. In fact, connectivity is so important to day-to-day operations that nearly every respondent (96% US/94% UK) said they’re willing to pay more in rent to get more robust and reliable connectivity at their premises.

“To meet tenants’ connectivity expectations, today’s leading property owners are prioritizing network infrastructure. Exceptional connectivity fuels business operations, enhances productivity, and boosts employee satisfaction,” stated Jason Caliento, Chief Commercial Officer, US. “At Boldyn we are proud to collaborate with visionary real estate owners and developers across the country who understand the value of investing in advanced network solutions. Together, we design, build, and operate customized network solutions that cater to their unique connectivity needs for the long term.”

The demand for smart building technologies is also on the rise. Nine out of ten US and UK business leaders agree that smart building systems would be good for their business and would improve the tenant experience.

The global smart building market is expected to reach $568.02 billion by 2032,

driven by the need for sustainable, tech-enabled spaces. With real estate responsible for 40% of global carbon emissions, smart technologies—reliant on robust connectivity—will play a crucial role in creating a greener future.

“With the UK driving towards all new buildings being net-zero by 2030, smarter, connected buildings will become a significant way for business leaders to reduce their carbon footprint, optimize energy use and improve operational efficiency” said Gearoid Collins, Commercial Director, Real Estate, Enterprise, Windfarms, UK & Ireland. “And employee expectations are changing towards smart and sustainable workplaces. We’re placing great emphasis on ensuring that business connectivity can support new services and applications that will change how we work today and tomorrow.”

Read Boldyn’s report here: Location. Location. Connectivity.

Read the full press release here.

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Media Contact: 
[email protected] 

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Thunes and Hyperwallet, a PayPal Service, Expand Payout Access for Merchants Across Asia-Pacific

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SAN FRANCISCO, Jan. 14, 2025 /PRNewswire/ — 14 January 2025 – Thunes, the Smart Superhighway to move money around the world, today welcomes Hyperwallet, a PayPal service for global payouts, as a Member of Thunes’ Direct Global Network. As part of this network, Hyperwallet customers can quickly and reliably send money in real-time to more than 450 million mobile wallets and bank accounts across Bangladesh, Indonesia, Malaysia, Philippines, South Korea, and Vietnam[i].

According to a 2024 report by Deloitte on cross-border payments, the Asia Pacific region makes up nearly 70% of global digital wallet spend. With this new alliance, Hyperwallet can help its expansive global merchant base, including some of the world’s best-known ride-hailing super apps, marketplaces and social media platforms, offer customers their preferred method of access to funds.

Floris de Kort, CEO of Thunes, said: “Welcoming PayPal’s Hyperwallet into our Direct Global Network underscores our ability to provide powerful new capabilities to top-tier fintechs. With our extensive network that directly, transparently and dependably connects to over 7 billion bank accounts and mobile wallets worldwide, combined with our SmartX Treasury System and our Fortress Compliance Platform, Thunes is uniquely positioned to support Hyperwallet to increase its reach in fast growing geographies to enhance its cross-border payment services.”

Payout preferences for consumers vary widely across the APAC region depending on banking penetration, the proliferation of real-time payment schemes and the usage of digital wallets in each market. Thunes recently released “From Cash to QR Codes: Unpacking Southeast Asia’s Diverse Payments Culture,” exploring the region’s evolving payment landscape and showcasing digital wallet payment adoption rates of over 30% in countries like the Philippines and Indonesia.

About Thunes:

Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 14 locations, including Abidjan, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai. For more information, visit: https://www.thunes.com/

[i] To date, this is currently live in Korea, with additional markets to light up in 2025.

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