KPay Join Forces with PayMe by HSBC to Support Growing Digital Payment Needs of Local Merchants
22 July 2024
Press release
KPay Join Forces with PayMe by HSBC to Support Growing Digital Payment Needs of Local Merchants
(left to right: Head of PayMe by HSBC, Brad Jones and Co-Founder & Chief Executive Officer of KPay, Davis Chan)
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.”
From left to right :
• Shirley Yip, Head of Merchant Business and Partnership, PayMe by HSBC
• Lawrence Li, Chief Commercial Officer, PayMe by HSBC
• Brad Jones, Head of PayMe by HSBC
• Davis Chan, Co-Founder & Chief Executive Officer of KPay
• Richard Wong, Co-Founder & Head of Partnerships of KPay
• Christopher Yu President & Chief Financial Officer of 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 37,000 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 or refer to the company’s website: http://www.kpay-group.com.
About The Hongkong and Shanghai Banking Corporation Limited (HSBC)
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.