AsiaPay teams with Octopus

AsiaPay has partnered with Octopus Cards to offer Hong Kong consumers an expanded payment gateway for the Octopus Online Payment Service.

The collaboration will offer an additional choice of payment gateway for Hong Kong’s online shoppers.

The new platform allows customers to pay with their Octopus card when shopping with merchants connected to the AsiaPay payment gateway.  As the online shoppers check out their shopping carts, the browser will display the respective QR code and payment code. Customers only need to run the ‘Octopus’ App on their NFC mobile device to either scan the QR code or manually enter the payment code to retrieve the payment information. By simply placing the pre-registered Octopus at the back of their mobile device, users can instantly complete their payments and check their transaction records on the ‘Octopus’ App, as an added protection.

The two companies said the partnership synergises Octopus’ high penetration, extensive and diverse networks in Hong Kong with AsiaPay’s payment gateway service.

“This new payment gateway option is expected to further drive the development of mobile payment solutions in the local market.”

Joseph Chan, CEO and founder of AsiaPay Group, said the new service will further address the growing demand for mobile payment options while increasing the productivity for payment processing.

“AsiaPay is dedicated to exploring more diversified payment options leveraging advanced payment technologies, in offering merchants more flexible and easier payment methods for their business development.”

Founded in 2000, AsiaPay, an electronic payment solution and technology vendor and payment service provider, provides advanced, secure, integrated and cost-effective electronic payment processing solutions and services to banks, corporate and eBusinesses internationally, covering international credit cards, China UnionPay, debit cards and other prepaid card payments.

Headquartered in Hong Kong, AsiaPay offers its professional ePayment solution consultancy and local service support across its other 12 offices in Asia including: Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, India and Indonesia.