\n<\/p>\n
HONG KONG SAR –\u00a0Media OutReach<\/a>\u00a0– 20\u00a0May
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Being an international gateway between China
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As a principal member of Visa and Mastercard,
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The introduction of Airwallex’s online card
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Kai Wu, Greater China CEO of Airwallex said,
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Founded in 2015 in Melbourne, and
Newly launched solution allows
merchants in Hong Kong to accept online card payments through Visa and
Mastercard. Hong Kong merchants can now
benefit from a seamless end-to-end management of their operations, and have
access to global online payments acceptance, collections, FX and payouts in a
single platform. The introduction of the online
card payments solution …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14865"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14865"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14865\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n2021 – Airwallex, a global fintech platform, is excited to announce the launch
\nof its online card payment acceptance solution in Hong Kong, allowing local
\nmerchants to accept online card payments made around the world using Visa and
\nMastercard.<\/p>\n
\n
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\n
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\nand the rest of the world, and one of Asia’s international hubs for finance and
\ntrade, Hong Kong has seen transformational growth in its payment environment in
\nrecent years, driven by a rapid growth in the e-commerce sector. E-commerce
\nsales in Hong Kong are forecasted to register a growth of 11.1% this year, and
\nis expected to continue with this uptrend beyond the pandemic, driven by
\nincreasing demand for payment options that can provide improved security,
\ngreater efficiency and more customised solutions. The Greater Bay Area
\nDevelopment is also expected to present vast opportunities for growth in
\ncross-border payments over the coming years.\u00a0
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\n
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\n
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\nAirwallex’s online card payments solution enables Hong Kong merchants to receive online payments from users of Visa and
\nMastercard everywhere, and allows for them to optimise working capital flow. On
\ntop of accepting more than 120+ currencies available on Visa and Mastercard’s
\nnetwork, Airwallex enables merchants to directly receive funds in multiple currencies
\nin their Airwallex accounts without additional costs. Further exchange to other
\ncurrencies are then possible at the mid-market rate with a small margin, as
\nwell as\u00a0 repatriating funds back to home
\nmarkets at a very low fee. The entire end-to-end process for the merchants is
\nmade simpler, more cost-effective and quicker, while also ensuring the margins
\nand fees are fully transparent. <\/p>\n
\n
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\npayments solution in Hong Kong follows the debut of the same service in the UK
\nand Europe in September 2020<\/a>, and is a further step towards
\nbuilding its own global, cloud-based online payments platform. This a key part
\nof Airwallex’s vision to be the global financial cloud that empowers businesses
\nto operate anywhere and anytime, supporting customer needs for online payments,
\ncollection through virtual bank accounts, FX and other value-added solutions
\nfor SMEs, including cards and expense management, as well as an API for larger
\nbusinesses requiring customisation. In Hong Kong, merchants can now benefit
\nfrom a seamless end-to-end management of its operations. <\/p>\n
\n
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\n“Hong Kong’s pace of digital adoption is taking shape in a new era of
\ninnovation, and in an environment where there is an increasing need for
\nefficiency and fast solutions to ensure business success. Our new online card payments solution means merchants in
\nHong Kong can now accept payments online via Visa and Mastercard, enjoy
\nfavorable currency exchange rates and make payouts seamlessly through a single
\nplatform. This makes Airwallex a truly viable solution for businesses and
\nespecially the many tech startups and e-commerce merchants that operate in Hong
\nKong, Asia and around the world.”<\/p>\n
\n
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\n
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\nheadquartered in Hong Kong, Airwallex has grown to become a global fintech
\nplatform that is supported by a team of over 650 employees across 13 global
\noffices. Earlier in March, Airwallex also announced an extended Series D
\nfundraising round, raising its total amount of equity funds raised to over
\nUS$500 million, and nearly tripling its valuation to US$2.6 billion in just two
\nyears. <\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"