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ICPS was established in 2008 as a subsidiary of the leading Group in Mauritius – The Mauritius Commercial Bank Group (MCB Group). ICPS Ltd is a joint venture of the MCB Group and Hightech Payment Systems (HPS), a leading payment software company based in Morocco, present in 85+ countries with 350+ users. Unlike other service providers and third-party processors, ICPS Ltd is a member bank processing centre. It provides a state-of-the-art technology in Switching and Card Management Systems enabling banks to achieve economies of scale in outsourcing their processing activities.