Payments

Government Reminds Hong Kong Motorists to Set Up E-toll Accounts

The Transport Department (TD) issued a reminder to those who have received a vehicle tag but not yet opened an HKeToll account to do so. They will need to open an account and set up their payment option so that they

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Korea’s E9Pay Partners With Shinhan Bank for to Offer Remittance Services

Cross-border payments company E9Pay announced that it has partnered with South Korea’s Shinhan Bank for overseas remittance and payment services. Through this partnership, E9Pay and Shinhan Bank will collaborate to develop a payment system that will allow foreigners residing in Korea

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Airwallex Clinches E-Payment License in China via Acquisition

Cross border payments firm Airwallex has secured a payment business license in China, following the successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology, an information and online payment services company. Shang Wu Tong Network Technology

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HSBC Visa Credit Card Customers Can Now Opt For BNPL Option at Checkout

HSBC announced that its Visa credit card customers can now opt for “Visa Instalments” to pay at selected online stores of designated merchants. They can pay by dividing the spending amount into smaller equal payments under instalment plans that offer

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PPRO Expands Presence in the South Korean Market

PPRO, a digital payments infrastructure provider, has expanded into the South Korean market by integrating local cards and e-wallet Toss Pay onto its platform. The addition of local cards and Toss Pay opens up a gateway for PPRO’s global partners, payment

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HSBC Rolls Out One-Stop Digital Payment Solution for Hong Kong SMEs

HSBC announced the launch of its new one-stop digital payment solution called HSBC Merchant Box for small-and medium enterprises (SMEs) in Hong Kong. Through HSBC Merchant Box, customers can activate HSBC Global Wallet to collect payments in AUD, CAD, EUR,

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Innovative Technology Remedies Almost 100% Of Payment Pain Points in APAC

The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as big as the region itself. As we kick-start 2023, banks and financial institutions (FIs) in the region will be pleased

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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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