UNICARD IS NOW A PROUD MEMBER OF AIRWALLEX GROUP Airwallex is a global payment fintech that aims to empower businesses of all sizes to grow without borders, and by doing so, contribute to the digital economy. Learn more about Airwallex: https://www.airwallex.com/blog/air...Read More

  At the moment, Hong Kong is among the top 10 fintech hubs in the world. It represents a fertile ground for Fintech startups due to its investment in education, adequate infrastructure, favourable geographical position, and progressive thinking. In fact, statistics indicate that the con...Read More

The end of the decade in Hong Kong was marked by a long-awaited announcement: The Hong Kong Monetary Authority granting licences to 8 digital banks. The goal is to establish digital financial solutions that will be at the public’s disposal 24/7, delivering fast and efficient financial serv...Read More

Despite the growing number of alternative payment methods, prepaid cards still maintain their status as one of the better solutions on the market. Users adapted to them rather quickly due to their functional similarities to credit and debit cards, especially for corporate purposes. The reason be...Read More

A few years ago, it seemed that there was a kind of a disconnect between Hong Kong’s reputation as an international hub for fintech startups and the fact that there were no full-fledged digital payment solutions entirely accepted by the people living and working in the city. However, th...Read More

Considering that for every 100 cardholders across the globe there are 58 who own a co-branded card, and that the total number of credit cards used solely in Hong Kong was 19.46 million in 2018, the exact number of co-branded cards used globally is likely to be quite impressive.  Many lar...Read More

If we consider the fact that an average person aged 18 to 35 in Hong Kong spends more than 46% each month on credit purchases, it is safe to assume that many people today struggle to stay afloat and balance the books, without going in the red.  However, getting in debt is not as easy to...Read More

For some time now, Hong Kong has enjoyed the title as one of the biggest business, financial and banking centers of mainland China. It’s favorable geographical position, the judicial system, and a fertile business environment are just some of the factors that made this city one of the worl...Read More

In 2015, Scott Thiel, Partner at DLA Piper said that “[...] the increasing adoption of alternative payment solutions demonstrate how Hong Kong’s high mobile penetration and connectivity is providing an ideal FinTech consumer base.” And the last year’s statistics suppor...Read More

Mobile and digital wallets first started gaining momentum in the first decade of the 21st century. They were designed with the intention of improving user experience by providing convenience, leveraging data, simplifying the payment process, and lowering the transaction costs. Fintech startup...Read More

Because of the complexity and case-by-case variety of industry landscapes, business models and company structures, different companies have different needs about payment solution. In the past, when technology is not as flexible and open as it is now, customization of payment solution was almost...Read More

The UK Mobile Banking Revolut officially launched in Hong Kong, making local financial and payment industry paying more attention on the development of mobile banking in Hong Kong. In recent years, because of the relaxation of foreign financial regulators on application proce...Read More

The rise of FinTech has forever changed the way companies do business. In this digital generation, many businesses are seeking online payment tools with easy access, convenience, efficiency, and speed. An effective payment solution should enable enterprises to manage finance easily, whether that...Read More