Payment Exchange (PEX) is the first Third Party processor (TPP) in Sub Saharan Region and in Mauritius, certified by both Visa and MasterCard. With its state-of-art technology and high-level expertise, PEX is strategically poised to offer its services and innovative solutions in all areas of e-payment, including SmartCard technology, to banks, the retail industry and financial institutions. The Chief Executive of Payment Exchange Group, Mr. Sailesh Sewpaul said, “The system that PEX is putting in place will cater for any type of e-payment. We are the first certified Third Party Processor in Mauritius and Sub-Saharan region and will be able to process transactions on behalf of any institutions that want to outsource payment processing like Card Management, Card Personalisation, EMV Chip Cards, Loyalty Programs, Private Label Cards, Prepaid Cards, ATM Services, Merchant Acquiring, MultiCurrency Processing, eCommerce and mCommerce. Currently, PEX has its footmarks in Mauritius, Mumbai and London. The setup of PEX Kenya is being completed shortly. PEX endeavours to be the preferred partner of all the financial institutions in the region and to be the One-Stop-Shop for any ePayment solution.” Click to know more on Event launching of Payment Exchange