Issue 6 2019

54 CORPORATE VISION / Issue 6 2019 , Nov18501 Bank in a Box PEX takes the scientific approach to solving payment challenges. We find out more following the firm’s newly-awarded accolade of CV Corporate Excellence 2018. Businesses that operate in high growth markets have to work hard to keep up with demand. At the same time, there’s a revolution happening in global payments, with customers expecting to pay anytime, anywhere, over any kind of device, rapidly, safely and easily. PEX is a payments partner that can deliver flexible and secure services across the spectrum to financial institutions and businesses. From pre-paid salary cards to high-end credit cards, from standard debit transactions at grocery stores through to global payments over a mobile device. This is where PEX comes into its own. Powered by market-leading SmartVista™ technology, PEX provides a fully scalable pay- ments architecture for everything from ATM acquiring and call centres through to mobile and e-commerce payments pro- cessing. This “bank in a box” approach enables PEX to take care of a company’s payments infrastructure as needed. Established by Dr Sailesh Sewpaul in 2007, PEX provides technology that is fully interoper- able with all of the world’s leading payment systems, including Visa, MasterCard, AmEx, Diners’ JCB and UnionPay, and services to end customers can even be presented with the client’s brand. PEX systems’ architecture links with both your existing client management software and inter- national payment systems, pro- viding you with everything from fully personalised card issuing to e and m commerce payment gateways, acquiring services and fraud protection. This technology powers end- to-end payments across the world’s fastest growing markets. From issuing and acquiring to processing and digital payments, PEX is certified as per industry standards to help financial institu- tions get their businesses up and running with the latest products and solutions. All PEX systems are EMV compliant, meaning businesses can offer their customers and partners world-class transaction security and data traceability and end users benefit from world- class transaction security, speed and data protection. All consum- er engagement is client-branded, and PEX can handle outsourced call centre and customer management programmes as required. The end result is a cutting-edge, fully integrated payments system ideally suited to high growth markets in a changing payments landscape. Previous to setting up PEX, Dr Sewpaul spent 22 years at the State Bank of Mauritius where he served in numerous IT and international business roles. He also headed up the Retail Banking and Electronic Channels functions at the bank. Sailesh is a seasoned professional with extensive, experience in both technology and business. He served also on the Advisory Board of Visa for the Central Europe, Middle East and Africa region for seven years.