Byline: Will Hernandez
Hewlett-Packard Co. wants it known that its business interests extend beyond personal computers and printers. They also touch the payments industry in a significant way.
The Palo Alto, Calif.-based information-technology company on March 21 launched HP Prepaid Card Services, which is an extension of its HP Cards and Payments Services portfolio. Both divisions focus on card processing and assist banks with launching card programs.
Hewlett-Packard is entering the prepaid sector at a time when consumers are rapidly adopting the payment form and financial institutions are seeking ways to capitalize on the market's growth, Robt Sadeckas, …
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