Bank of East Asia unveils centralised e-payment platform for merchants

BEA’s ‘i-Payment hub’ can process different payment types in a single device.

Bank of East Asia (BEA) has launched an all-in-one electronic payment platform to be made available for merchants, doing away with the need to set up separate devices to process different transactions due to varying credit cards and other forms of mobile payment.

Also read: Hong Kong banks bust out the chatbots

BEA’s consolidated platform called the i-Payment hub allows merchants to use a single device to accept all credit cards and e-payments like WeChat Pay, Alipay, Apple Pay, Google Pay and JETCO Pay.

The device can also help in bill settlement and record-keeping processses.

“The single platform and device will bring in greater convenience for merchants to cater for the needs of the increasingly tech-savvy younger customers who like to make payments via their smartphone.” said Vincent Hui, general manager and head of the personal banking division of BEA.

BEA Is the latest local lender to join Hong Kong’s heated mobile payments market as tech firms like Octopus, Alipay and WeChat Pay are challenging their dominance. HSBC earlier raised the top-up limit on its e-payment app, PayMe, to $50,000.

Follow the link for more news on

Bank of East Asia

Also Read

Breaking barriers: Building the future of cross border payments in Southeast Asia

3 in 5 use real-time cross-border payments to send money to family and friends

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit