Hong Kong – E-payment services firm eftPay has recently announced its strategic agreement with AXS, an e-payment solutions firm, establishing inter-connectivity between both existing gateways for seamless payment processing. This initiative is further aimed at supporting said companies to operate markets across Asia Pacific.
Under the agreement, the companies will collaborate closely in areas like developing cross-border gateway connectivity for seamless bill payments solutions and aggregations. Said alliance is designed to optimise the merchant onboarding process and guarantee the reliability and security of the shared network.
eftPay will also enable alternative payment models and technology, supporting the operating markets of AXS across Southeast Asia.
Meanwhile, AXS will allow a bill payment aggregation model and technology, supporting operating markets of eftPay (Asia) across Hong Kong, Taiwan, and Macau.
Speaking about the partnership, Andrew Lo Chun-kit, Chairman and CEO at 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.”
Jeffrey Goh, co-founder and group CEO at AXS, also remarked, “With this collaboration, AXS is continuing the extension of our bill payment platform outside of Singapore, including interconnectivity 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,” explained Goh.
