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

Rhenus 4PL Solutions Brings Digital Logistics Expertise Support To The Circular Economy Initiative Of Looper Textile Co. And REMONDIS

Circular textiles at industrial scale: Looper Textile Co. collects, sorts and processes up to 150 million garments annually for reuse and recycling. Digital coordination by Rhenus...

ISCA and SHICPA Sign MOU to Strengthen Support for Accountancy Professionals and Firms in Shanghai

SINGAPORE - Media OutReach Newswire - 8 July 2025 - The Institute of Singapore Chartered Accountants (ISCA) and the Shanghai Institute of Certified Public Accountants (SHICPA) have signed a Memora...

Proscenic Launches Major Prime Day 2025 Sale with Up to 40% Off Best-Selling Vacuums Starting at €89

SHENZHEN, CHINA - Media OutReach Newswire - 8 July 2025 - Smart home innovator Proscenic is kicking off Prime Day 2025 with one of its biggest sales yet, offering up to 40% off its top-rated vacuu...

Arrow Electronics Launches Engineering Solutions Center to Support Tech Innovation Across India and Southeast Asia

BANGALORE, INDIA - Media OutReach Newswire - 9 July 2025 - Arrow Electronics, a global provider of technology solutions, today announced the launch of its new Engineering Solutions Center(ESC) in ...

XIXILI Introduces Jelly Padded Bras: A Game-Changer in Everyday Comfort

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 9 July 2025 - Renowned for empowering women through inclusivity and thoughtful design, XIXILI announces the arrival of its latest bra collection:...

Jurassic World: The Experience Roars Into Bangkok - 8 August 2025 At Asiatique The Riverfront Destination

BANGKOK, THAILAND - Media OutReach Newswire - 9 July 2025 - Asset World Corporation (AWC), Thailand's leading integrated lifestyle real estate group, together with NEON and Universal Destinations ...

Health2Sync and Novo Nordisk Pharma Korea, Ltd. Launch Smart Cap Mallya® for FlexTouch® Insulin Pens Integration in South Korea, Enhancing insulin administration via Digital Diabetes Care

SEOUL, SOUTH KOREA - Media OutReach Newswire - 9 July 2025 - Health2Sync, Asia's leading digital chronic disease management platform, announced the successful integration of Smart Cap Mallya® for ...

E-commerce Platform Wildberries Pilots Its Own Taxi Service

MINSK, BELARUS - Media OutReach Newswire - 9 July 2025 - Wildberries, a leading e-commerce platform in Eurasia, has begun testing its own ride-hailing service in Belarus. The company expects the n...

DYXnet Awarded ISO/IEC 42001 AI Management System Certification by SGS

Leading the New Era of AI in Hong Kong's Telecommunications Industry HONG KONG SAR - Media OutReach Newswire - 9 July 2025 - DYXnet, a wholly-owned subsidiary of VNET Group, Inc...

Prince Foundation Extends Support for Children’s Healthcare in Cambodia Through Cambodia Kantha Bopha Foundation, Reflecting Commitment Guided by Neak Oknha Chen Zhi

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 9 July 2025 - Prince Foundation, the philanthropic arm of Prince Holding Group under the leadership of Neak Oknha Chen Zhi, has reaffirmed its ong...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

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...

Sell by LayBy