Payment system provider HPS has acquired all of the remaining shares in processing company ICPS from Mauritius Commercial Bank (MCB).
HPS snapped up the remaining 80% of the ICPS
ICPS, a payment processor for regional banks and telecommunications companies in East Africa and beyond, claims it handles 30 customers and 10 million transactions a month.
Founded in 2008, ICPS was a partnership between MCB and HPS, the latter with a minority stake of 20%.
ICPS systems are based on …