Payments

livi Launches QR Payments Accepted at Over 29 Million Merchants in China

Hong Kong’s livi bank has launched its QR payment feature for the Mainland market, allowing its customers to make cross-border payments there as well as other popular travel destinations such as Japan, South Korea and Thailand. In mainland China, livi

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Hong Kong Set to Roll Out Contactless Payments at Toll Booths This Year

Hong Kong’s Transport Department (TD) will be gradually rolling out the HKeToll at all government tolled tunnels this year to replace the manual and automatic toll booths. HKeToll makes use of the Radio Frequency Identification (RFID) technology, with the support

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RD Wallet Scores SVF License From Hong Kong Regulator

RD Wallet Technologies, a Hong Kong-based e-wallet operator offering payment services to corporates, announced that it has been granted the Stored Value Facility (SVF) license by the Hong Kong Monetary Authority (HKMA). The company was set up by Norman Chan,

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Adyen Debuts Its Unified Commerce Solution for Japanese Businesses

Adyen, a global payments firm for businesses, has announced the launch of its unified commerce solution in Japan for in-person payments. This will enable Japanese businesses to optimise their authorisation rates, block fraud, and provide seamless cross-channel journeys. The unified

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Airwallex Ties up With Agoda to Ease Travel Planning for Hong Kong SMEs

Cross border payments firm Airwallex has partnered with global digital travel platform Agoda to make travel planning easier for Hong Kong SMEs and startups. These Hong Kong SMEs and startups with Airwallex Business Accounts can will have access to a

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ZA Bank Partners Wise to Enable Hongkongers to Make Remittances to 14 Currencies

Virtual bank ZA has partnered with online money transfer service Wise to offer low-cost and quick international money transfers to Hongkongers. ZA Bank users will soon be able to make international money transfers from HKD to 14 currencies, including AUD,

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Thunes Rolls Out Instant Payments for Weixin’s 1.3 Billion Users

Global cross-border payments network Thunes has partnered with Tencent Financial Technology, Tencent’s fintech arm, to allow members of its global network to send international payments to Weixin users. Weixin, with its international version known as WeChat, facilitates one of China’s

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BIS, Central Banks Complete Large Scale Cross-Border CBDC Pilot

Project mBridge, a collaboration between four central banks and the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre, has completed a successful pilot involving the use of central bank digital currencies (CBDCs) by commercial banks to conduct real-value

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Airwallex Supports Lithuanian Payment Processor to Send Money to 149 Countries

Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149 countries and open IBAN accounts of 9 countries. Paysera is a licensed e-money institution providing payment gateways, currency conversion, payment

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AlipayHK Launches BNPL Payment Option With Ant Bank PayLater

Ant Bank and AlipayHK have announced the launch of Ant Bank PayLater on AlipayHK’s e-wallet ahead of the Double 11 and Christmas shopping sprees. The buy now pay later (BNPL) service, which is currently in its trial period, allows approved

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