(Hong Kong, February 6, 2025) Entering 2025, The Payment Cards Group Limited’s (“PCG”) payment acceptance business Yedpay is actively promoting digital transformation and business innovation in the retail industry through innovative payment technology and industry leadership, helping merchants respond to market changes and achieve sustainable development. Through close collaboration with various industry leaders, Yedpay has demonstrated comprehensive solutions to the market, creating new opportunities for merchants and driving the industry further towards digitalization.
Yedpay and Boutir held a seminar themed “Retail ‘Shop + Online’ Digital Transformation Strategy”
On January 22 this year, Yedpay and Boutir successfully held a seminar focused on retail digitalization — “Retail ‘Shop + Online’ Digital Transformation Strategy.” The event attracted numerous merchants, where Eric Ng, Boutir’s co-founder and CEO and Oscar Lam, Yedpay’s Senior Commercial Manager deeply explored the latest trends in retail digital transformation and shared valuable insights on using innovative technology and strategies to expand online business. They emphasized that digitalization is not only key to business upgrade for retail merchants but also an essential strategy to address rapidly changing market conditions.
During the seminar, Yedpay and Boutir showcased various innovative solutions, including how to achieve seamless online-offline integration through omnichannel mPOS retail solutions and simplify payment processes using a one-stop electronic payment platform while improving cash flow efficiency. Additionally, Yedpay provides professional consultation for the government’s DTSPP funding, helping merchants utilize resources to accelerate digital transformation and enhance market competitiveness. This collaboration not only marks the further deepening of partnership between Yedpay and Boutir but also demonstrates their joint determination to innovate the retail industry.
Yedpay has partnered with KOLive to launch limited-time offers, helping merchants improve business efficiency
Beyond digital transformation, Yedpay has recently partnered with digital marketing company KOLive to launch a series of limited-time offers, further helping merchants upgrade their marketing strategies and achieve business breakthroughs. As an official acquirer and principal member of Visa and Mastercard, Yedpay not only ensures high security of funds and data but also strives to provide fast, efficient, and reliable payment services to help merchants enhance their business competitiveness.
Yedpay has launched multiple benefits for new merchants, aiming to encourage merchants to accelerate digital transformation and improve business efficiency. These benefits include one-stop activation and management of mainstream electronic payment collection services, zero onboarding fees, assistance in opening SME bank accounts, and T+1 settlement service allowing next-day cash settlement etc.
Furthermore, the limited-time additional benefits launched in cooperation with KOLive provide merchants with comprehensive marketing support to help expanding their business presence. Yedpay merchants can exclusively enjoy the following additional services:
- Free setup of verified Xiaohongshu business accounts (blue tick): helping merchants enter popular mainland China social platforms to increase brand exposure and credibility;
- Free listing on Ctrip/Trip.com promotion platform: further penetrating the tourism market to attract more potential customers;
- Free listing on UnionPay “Smart Savings”: increasing payment options to enhance transaction convenience and customer satisfaction.
These value-added services bring multiple benefits to merchants, not only enhancing their digital operational capabilities but also helping them expand market coverage and attract more diverse customer groups. Yedpay understands that merchants in the competitive market need not just payment solutions but comprehensive support plans that can help them achieve sales growth and brand development.
With its leading payment technology and comprehensive business solutions, Yedpay has demonstrated strong capabilities in promoting retail digitalization and business innovation. Whether partnering with Boutir to explore retail digitalization potential or collaborating with KOLive to launch innovative promotion programs, Yedpay is committed to helping merchants succeed and injecting more innovative momentum into the retail industry and related sectors. Looking ahead, Yedpay will continue to drive market development through technology and innovation, working together with merchants to create a more forward-looking business environment.
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About The Payment Cards Group Limited (“PCG”)
The Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Its subsidiary, Yedpay, has firmly established itself as a payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website: https://www.yedpay.com/en/
