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Airwallex scores Hong Kong SVF licence through acquisition of UniCard
04 March 2021
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Melbourne-born Airwallex has acquired Hong Kong s UniCard Solutions, joining the likes of PayPal, AliPay and WeChat as a Stored Value Facilities (SVF) licensee under the territory s payment regulations.
The Hong Kong Monetary Authority granted its first SVF licences in 2015 as a means to to promote competition and innovation in the payment sector. To date it has accumulated a list of 15 licensees.
Airwallex says it will continue to support UniCard s prepaid card product, while also providing Hong Kong businesses with new payment products for multi-currency, cross-border transactions. The firm says it intends to provide a one-stop shop for payments, collectio ....

Hong Kong , Jack Zhang , Hong Kong Unicard Solutions , Hong Kong Monetary Authority , Melbourne Born Airwallex , Unicard Solutions , Stored Value Facilities , Block Chain , ஹாங் காங் , பலா ஜாங் , ஹாங் காங் பண அதிகாரம் , சேமிக்கப்பட்டது மதிப்பு வசதிகள் , தலைப்புச் செய்திகள் , தொகுதி சங்கிலி ,