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

ANDPAD Launches Vietnamese Language Support for its Cloud-Based Construction Project Management Service

Expanding Multilingual Support for Global Users TOKYO, JAPAN - Media OutReach Newswire - 26 June 2025 - ANDPAD Inc. (Head Office: Chiyoda-ku, Tokyo; CEO: Takeo Inada; hereinafter ANDPAD), which op...

Changhong Unveils Smart Living Innovations at 2025 Jakarta Expo, Bringing AI-Driven Appliances to Indonesian Homes

Exclusive Shopee partnership brings cutting-edge smart living technology to Indonesian consumers JAKARTA, INDONESIA - Media OutReach Newswire - 24 June 2025 - Changhong, a global leader in smart ...

Malaysia Launches Full-Scale Startup ASEAN Platform To Drive Regional Growth

PUTRAJAYA, MALAYSIA - Media OutReach Newswire - 26 June 2025 - Malaysia today launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and e...

Hong Kong Civil Claim Centre Launches Free Work Injury Compensation Calculator

HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - The Hong Kong Civil Claim Centre (hkcivilclaim.com) has officially launched a brand-new online feature: the Work Injury Compensation Calcu...

Deleted

This Press release has been killed

SiegFund Transforms into SiegPath: A Strategic Rebrand Paving the Way for the Future of Professional Trading

HONG KONG SAR - Media OutReach Newswire - 24 June 2025 - SiegFund, a fintech–driven proprietary trading platform, has officially completed its brand upgrade and will now operate as SiegPath, serv...

Plaza 66’s Pavilion Extension Tops Out, Opening in Second Half of 2026

Expanding Retail Space by 13% to Boost the New Consumption Economy in Shanghai HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 26 June 2025 - Hang Lung Properties Limited (SEHK sto...

New EcoFood@Mandai Development Offers Tailored Food Factory Spaces in the North

SINGAPORE - Media OutReach Newswire - 26 June 2025 - A new food factory hub, EcoFood@Mandai, has officially launched in Singapore’s northern region, bringing purpose-built factory units to a wide ...

GREE Opens Singapore Office to Drive Asia-Pacific Expansion with World-Class Air Conditioning Technologies

SINGAPORE - Media OutReach Newswire - 26 June 2025 - Global electronics manufacturer GREE has officially launched its Singapore branch, marking a key milestone in its expansion in Southeast Asia. ...

HONMA Golf Announces Annual Results for FY2024/25

Continued Gross Profit Margin and Net Operating Cash Flow improvements albeit difficult market conditions HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - HONMA Golf Limited ("HONMA"; tog...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

Sell by LayBy