| Payment Exchange (PEX) is the first Third Party processor (TPP) in Sub Saharan Region and in Mauri |
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itius, certified by both Visa and MasterCard. |
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| 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. |
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| The Chief Executive of Payment Exchange Group, Mr. Sailesh Sewpaul said,"The syst |
| em 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 Servic |
| es Merchant Acquiring, MultiCurrency Processing, eCommerce and mC |
| ommerce.Currently, PEX has its footmarks in Mauritius, Mumbai and |
| London.The setup of PEX Kenya is being completed shortly. |
| PEX endeavors to be the preferred partner of all the financial inst |
| itutions in the region and to be the One-Stop-Shop for any Pay |
| ment solution.” |
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