Business Daily Media

Men's Weekly

.

eftPay Entered in a MOU with AXS

Revolutionizing Payment Processing Across Asia Pacific Markets

HONG KONG SAR - Media OutReach Newswire - 11 November 2024 - eft Payments (Asia) Limited ("eftPay" or the "Company"), one of the leading e-Payment services providers in Hong Kong, is pleased to announce that the Company has entered into a memorandum of understanding (the"MOU") with AXS, an e-payment solutions provider in Singapore, to develop inter-connectivity between both existing gateways for seamless payment processing, supporting the duos operating markets across Asia Pacific.

With this MOU, both entities will partner in areas such as developing cross-border gateway connectivity for seamless bill payments solutions, and aggregations. This partnership intends to provide an efficient process for onboarding merchants and ensuring reasonable integrity and security of the shared network.

In addition, eftPay will enable alternative payment model (APM) and technology, supporting operating markets of AXS across Southeast Asia, while AXS will enable a bill payment aggregation model and technology, supporting operating markets of eftPay (Asia) across Hong Kong, Taiwan and Macau.

Mr. Andrew Lo Chun-kit, Chairman and CEO of eftPay, said, "We are thrilled to be the overseas partner of AXS. This collaboration marks a remarkable milestone in expanding our overseas footprint. We believe that it will facilitate the expansion of both parties into overseas markets, effectively addressing the operational challenges faced by a broader range of merchants and reinforcing our position at the forefront of the industry. Looking ahead, we will actively explore diverse projects to export unique solutions and services worldwide."

Mr. Jeffrey Goh, AXS Co-Founder and Group CEO added, "With this collaboration, AXS is continuing the extension of our bill payment platform outside of Singapore including inter-connectivity of our payment gateways. We are also excited to innovate with eftPay on payment technology and solutions across borders and leverage on our expertise in both markets." Mr. Goh hopes that this MOU signing is a start and the two companies will bring together more collaborations in both Hong Kong and Singapore.

Click here for more HD pictures.
Hashtag: #eftPay #易付達亞洲 #AXS

The issuer is solely responsible for the content of this announcement.

eft Payments (Asia) Limited

eftPay is one of the leading e-Payment services providers in Hong Kong, providing comprehensive e-Payment services to merchants with over a decade of experiences, including account opening, point of sale system and integration of payment system, transaction processing and payment settlement services. Currently, eftPay serves a wide range of merchants in Hong Kong, including well-known local jewelry chains, electrical appliances stores, makeup and beauty stores, clothing stores, food and beverage, theme parks, convenience stores and supermarkets. Website: http://www.eftpay.com.hk/

AXS Pte Ltd

Incorporated in 2000, AXS has served the payments needs of Singaporean consumers and merchants for over 20 years. AXS provides more than one million users with rapid access to greater than 800 payment services, via its network of over 630 AXS Station self-service kiosks, as well as its proprietary AXS e-Station web-based and AXS m-Station mobile-based applications. Website: https://www.axs.com.sg/

News from Asia

Chen Zhi Climate Action Challenge Partners with Royal University of Agriculture to Drive Youth-Led Climate Solutions

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 10 October 2025 - The Chen Zhi Climate Action Challenge, an initiative by philanthropist Neak Oknha Chen Zhi, has partnered with the Royal Univer...

MetaMask Expands Into Trading With Perpetual Futures and Rewards, Confirming Token Plans

MetaMask confirms token plans and announces exclusive Polymarket integration, bringing Prediction Markets to users later this year as part of its transformation into a global trading and investment...

Jiashi, the County with a Touch of Sweetness

JIASHI, CHINA - Media OutReach Newswire - 9 October 2025 - China Prune Industry Conference 2025 and the 10th Kashgar·Jiashi Prune Expo, Xinjiang kicked off On August in Jiashi County, Xinjiang Uyg...

Lee Kum Kee Global Culinary Immersion Programme Debuts in Bhutan

Collaboration with Bhutan’s National De-suung Skilling Programme for Youth Empowerment THIMPHU, BHUTAN - Media OutReach Newswire - 10 October 2025 - Lee Kum Kee Sauce ("Lee Kum Kee"), the global l...

Results of the ixCrypto Index Series Quarterly Review (2025 Q3)

HONG KONG SAR - Media OutReach Newswire - 10 October 2025 - Today, IX Asia Indexes announced the 2025 3rd quarter review of the ixCrypto Index Series. The constituent changes will be implemented o...

Relax, Refresh, and Recharge at Amari Bangsaen – a New Coastal Escape Just Outside Bangkok

BANGKOK, THAILAND - Media OutReach Newswire - 10 October 2025 - Amari Bangsaen, the newly launched hotel by ONYX Hospitality Group—a leading hospitality company in Southeast Asia managing hotels...

NHG Health and DFI Retail Group Collaborate to Empower Holistic Wellness in Asia

Start of a long-term partnership to explore clinically relevant solutions HONG KONG SAR - Media OutReach Newswire - 9 October 2025 - NHG Health and DFI Retail Group, a leading Asian retailer...

Dusit Thani Bangkok earns coveted Michelin Key, reaffirming its place among the world’s finest hotels

One year after reopening, the reimagined flagship continues to set benchmarks for luxury and gracious Thai-inspired hospitality worldwide, joined by Dusit Thani Kyoto, which has earned a Michelin K...

SJM To Present Premier Travel Experiences at "Experience Macao Mega Sale" in Malaysia

MACAU SAR - Media OutReach Newswire - 8 October 2025 - Organised by the Macao Government Tourism Office ("MGTO"), the "Experience Macao Mega Sale" in Malaysia will be held in Kuala Lumpur, with SJ...

IUCN and APRIL launch five-year collaboration to advance conservation science in Indonesia and beyond

SINGAPORE - Media OutReach Newswire - 10 October 2025 - The International Union for Conservation of Nature (IUCN) and APRIL Group, a member of the RGE group of companies, today announced a fi...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...