Tuesday, 14 July 2020

Wallyt partners with Macau Pass to launch MPay E-wallet in Hong Kong

Macau Pass, the most widely used e-payment system in Macau, announced to take its services to customers outside Macau by launching in Hong Kong with a partnership with the Hong Kong based Fintech leader Wallyt. 

Hong Kong-Zhuhai-Macau Bridge Shuttle Bus will be the first to accept MPay —— the e-wallet app developed by Macau Pass. Macau residents can now use MPay to buy tickets for the shuttle bus, and travel to Hong Kong. They can also use MPay to pay transportation, hotels, restaurants, shopping malls and many more Hong Kong merchants.

Promote mobile payment in the Greater Bay Area
Macau Pass, the most widely used e-payment system in Macau, is the first company in Macau to sell, issue and manage rechargeable contactless smart card. MPay Macau e-wallet, developed by Macau Pass, is the first mobile payment service platform in Macau, which provides users with mobile payment services such as "QR code payment", "quick bank payment" etc.
Wallyt’s aggregated mobile payment platform has now integrated lots of local and international payment methods in Hong Kong, which including WeChat Pay, Alipay, UnionPay International, BoCPay, Octopus, FPS, and serves more than 30,000 merchants. With rich experience in the payment industry, Wallyt has a large service network of Banks, financial institutions and merchants, and various and proven mobile payment solutions both in Hong Kong and Macau. The cooperation with MPay e-wallet not only provides more diversified mobile payment methods for Macau residents and Hong Kong merchants, but also creates an opportunity for the future implementation of integrated mobile payment business in the Guangdong-Hong Kong-Macau Greater Bay Area and even internationally.

Global Mobile Payment Aggregation
Wallyt has formed a global payment network by serving more than 200 banks and financial institutions in over 48 countries and areas with cross-border acquiring, aggregated QR payment, e-wallet system and various mobile payment solutions. Meanwhile, Wallyt plan to cooperate with a number of wallet platform partners, banks and financial institutions to launch cross-border aggregated payment service.
Except aggregated mobile payment, Wallyt also provides the e-wallet solutions, and has reached strategic cooperation with a number of banks and institutions to launch customized e-wallet. The white-label e-wallet service can help the customers quickly seize the market and enable the development of localized cashless payment.

Re-disseminated by The Asian Banker

Diary of Activities
Finance China 2020
28 August 2020 | China
Finance Vietnam 2020
10 September 2020 | Vietnam
MEA International Finance Convention 2020
16 September 2020 | UAE
Wealth & Society Conference - Middle East 2020
16 September 2020 | UAE
Wealth & Society Conference 2020
24 September 2020 | United Kingdom