American Express Partners with KPay to Continue the Expansion of Payment Acceptance to Local Merchants in Hong Kong

American Express Partners with KPay to Continue the Expansion of Payment Acceptance to Local Merchants in Hong Kong

Photo: Courtesy of American Express and KPay

(HONG KONG, June 13, 2024) American Express announced a new merchant acquiring partnership with fintech start-up KPay Merchant Service Limited (“KPay”), which sets to help expand American Express acceptance among small-to-medium-sized establishments in Hong Kong.

The collaboration reaffirms American Express’ commitment to supporting local retailers in Hong Kong and helping them grow their businesses by offering them access to American Express Cardmembers – both local and those visiting from around the world. SME merchants will also enjoy various digital payment capabilities such as contactless or mobile wallets through KPay’s platform to strengthen their competitiveness and enable new business opportunities.

American Express’ relationship with KPay will help provide even more places in Hong Kong for American Express Cardmembers to shop. Globally, since 2017 American Express has more than tripled the number of locations worldwide that accept American Express Cards to more than 89 million1. In Hong Kong, the Company has added 10,000 merchant locations to its acceptance network in 2023.

Desmond Leung, Vice President and General Manager of Global Merchant & Network Services, Greater China, American Express said, “We are committed to driving growth by enabling more Cardmembers to spend in more places and in more ways. We’re excited to have KPay as our newest partner for merchant acquisition and look forward to helping to deliver the benefits of American Express acceptance to even more merchants in Hong Kong and providing our Cardmembers with more places to shop.”

Davis Chan, Co-founder and Chief Executive Officer of KPay, said “Our partnership with American Express underscores our dedication to building stronger connections with local establishments and reinforces our mission to unleash the growth potential of businesses with simple and smart technology. By offering comprehensive payment solutions for businesses of all types and leveraging the vast network of Cardmembers associated with American Express, we aim to foster innovation, collaboration, and support the growth of the local digital economy.”\

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ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com/hk and connect with us on facebook.com/americanexpresshongkong, instagram.com/americanexpress, linkedin.com/company/american-express, X.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cards, business and corporate cards, travel cheques, merchant services, business travel, insurance, diversity and inclusion, corporate sustainability and Environmental, Social, and Governance reports.

ABOUT KPay

KPay Merchant Service Limited (KPay) is a fintech company committed to unleash the growth potential of businesses of all sizes, with simple and smart technology, serving over 33,000 merchants in Hong Kong, Singapore & Japan. Kpay aspires to be the comprehensive business platform of choice for merchants across the Asia Pacific, through its various solutions of customer-led payment, financial management, operational and digital transformation products and services.

To learn more recent activities, please visit our Linkedin at https://www.linkedin.com/company/kpay-merchant-service/ or more information at the company’s website: http://www.kpay-group.com.