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...

2018.12.10 Read More





How a Prepaid Card Program Can Benefit an International Business?

Due to its unique geopolitical position and independence, Hong Kong managed to become Asia’s and international greatest business hub. It is renewed for its low tolerance for corruption, high-quality legal framework, and strong support for t...

2018.12.10

FPS & eDDA Security Issue: Why Faster Isn’t Always Better

Last month, the Hong Kong Monetary Authority (HKMA) officially launched their "fast speed" service called Faster Payment System. FPS is is a real-time gross settlement payment system that connects 21 banks, but also 10 electronic paymen...

2018.12.10

Debit Card vs. Prepaid Card: The Real Differences, Pros & Cons

Statistics released by the Hong Kong Monetary Authority indicate that the number of card transactions increased heavily. Although the total number of debit cards in circulation cannot be calculated due to debit card brands overlapping in one card...

2018.12.10

Financial Security in Focus: How Mobile Wallets Ensure Consumer Safety

Smartphones have become our go-to devices for almost everything. Whether we want to communicate, take a photo, read the news, or check some information online - the solution is right there, in our pocket. These devices have taken the world by the...

2018.10.18