HONG KONG, 22 July, 2024 — KPay today announced the integration of PayMe by HSBC as a new payment method. This strategic partnership, rolling out in phases, allows Kpay’s 33,000 local merchants to access the robust user base of one of Hong Kong's most popular e-wallets, enabling merchants to easily collect payment from over 3.2 million PayMe users.
Davis Chan, Co-founder and Chief Executive Officer of KPay, said, "Accepting PayMe by HSBC as our new electronic payment solution further allows our merchants to be more agile. With KPay's merchant app, which provides real-time transaction data, this integration will enable merchants to better understand and monitor their business performance. This partnership further strengthens the ecosystem of KPay's Pay-in & Pay-out platform, reinforcing our commitment to offering simple, seamless, smart, and secure solutions to help SMEs unleash growth potentials.”
Brad Jones, Head of PayMe by HSBC, said, "Financial inclusion is one of the important business principles at PayMe, which is reflected in our highly diverse network of merchants, ranging from top retail chains to SMEs. KPay’s network comprises a significant number of SME merchants. Through this partnership, we aim to continue driving financial inclusion in the electronic payment space by connecting these SME merchants with over 3.2 million PayMe users in Hong Kong.”
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KPay Group (“KPay”) is a leading fintech company dedicated to empowering businesses of all sizes with simple, smart, seamless and secure technology solutions. Serving over 45,000 merchants across Hong Kong, Singapore, and Japan, KPay is building a one-stop platform to support merchants in financial management, business operations and digital transformation across Asia, unlocking new growth potential for businesses. For the latest updates, follow us on LinkedIn or visit our website at www.kpay-group.com.
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$3,001bn at 31 March 2024, HSBC is one of the world’s largest banking and financial services organisations.
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