Hong Kong, China, 27 November 2024 – In an era of rapid transformation in financial technology, The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, is consistently pushing boundaries to develop more efficient and innovative payment solutions. Recently, PCG was honored with three awards, highlighting its relentless pursuit of innovation, excellence, and business development, while underscoring its key role in advancing payment technology.
A3A, a member of PCG, received the “Hong Kong ICT Awards 2024: FinTech Bronze Award”
A3A PayTech Limited (“A3A”), a member of PCG, is recognized as Hong Kong’s first startup to develop a cutting-edge payment processing platform designed for the future of transactions. A3A significantly reduces costs and complexity of payment processing through its innovative cloud-native solution, offering direct endpoint processing via a single API for major card schemes such as VISA, MasterCard, AMEX, JCB, and UnionPay. In addition, A3A provides users with data-rich, real-time insights into transaction fees. Acting as a virtual acquirer, A3A streamlines transaction processes for merchants, fintech companies, and banks, offering a more efficient e-payment platform. These unique advantages have set A3A apart in the fintech industry, earning the “Hong Kong ICT Awards 2024: FinTech (FinTech: Banking, Investment and Insurance) Bronze Award” at the “Hong Kong ICT Awards 2024” awards presentation ceremony, held on 22 November 2024, at the Hong Kong Convention and Exhibition Centre. The “Hong Kong ICT Awards 2024: FinTech Award,” led by the Digital Policy Office (DPO) of the Hong Kong Special Administrative Region Government and organized by the Institute of Financial Technologists of Asia (IFTA), aims to recognize the achievements in the development of innovative fintech solutions, further demonstrating PCG’s technological leadership in the industry.
PCG received the “01 FinTech Excellence Award 2024”
On 11 November, PCG was honored with the “Cloud-Connected Payment Settlement Ecosystem” award at the “01 FinTech Excellence Awards 2024” organized by HK01. The “01 FinTech Excellence Awards 2024,” supported by the Hong Kong Digital Asset Society, the Hong Kong Information Technology Federation, the Hong Kong Institute of Bankers, the Smart City Consortium, and the Data Literacy Association, recognizes outstanding enterprises in the fintech sector. Other award-winning companies include the Hongkong and Shanghai Banking Corporation Limited, the China CITIC Bank International Limited, Standard Chartered Bank (Hong Kong) Limited, the Bank of East Asia Limited, China Construction Bank (Asia), and Futu Securities International (Hong Kong) Limited. PCG’s outstanding achievement not only solidifies its industry leadership but also provides strong momentum for future innovation and development.
PCG received the “Greater Bay Area Outstanding Enterprise Award 2024”
In addition to gaining recognition in Hong Kong, PCG’s achievements have also been acknowledged in the Greater Bay Area. On 31 October 2024, PCG received the “Greater Bay Area Outstanding Enterprise Award 2024” at the “Connecting and Co-creating in GBA Seminar cum Greater Bay Area Outstanding Enterprise Awards 2024,” held by HK01 and supported by the Guangdong-Hong Kong-Macao-Bay Area Economic and Trade Association, the Chinese General Chamber of Commerce, the Hong Kong Small and Medium Enterprises Association, the Hong Kong Chamber of Commerce in Guangdong, and China Daily. This Greater Bay Area Outstanding Enterprise Awards aims to recognize enterprises with notable innovation and technology achievements in the Greater Bay Area and to encourage more businesses and talent to contribute to the development of the region. Other award-winning companies included Tmall Taobao World – Hong Kong, China, Hong Kong Telecom, and iHerb. As a local startup, PCG’s recognition through this award highlights its innovation excellence and demonstrates the company’s potential to lead Hong Kong and the Greater Bay Area in becoming an international hub for innovation and technology.
Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, remarked: “We are truly honored to receive these awards. This not only affirms the hard work of our team but also motivates us for future growth. Looking ahead, we will continue to address user pain points, constantly optimize our payment systems, and streamlining the end-to-end payment process, committed to providing seamless payment and settlement solutions. With our foundation in Hong Kong, we will steadily progress toward becoming a leading international payment technology company, driving the future development of the payment industry.”
About The Payment Cards Group (“PCG”)
The Payment Cards Group (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong, China and Taiwan, China. 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 acceptance 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 fintech solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website: https://www.yedpay.com/en/
