Hong Kong, January 18, 2025 – The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, is pleased to announce that it has been granted a short-term patent (Patent No.: HK30112537) by the HKSAR’s Intellectual Property Department Patents Registry. This patent covers PCG’s innovative invention, “A Payment Collection System Based on a Mobile Device,” marking a technological breakthrough in the digital payment sector and demonstrating PCG’s commitment to providing merchants with cutting-edge and convenient payment solutions.
PCG’s invention aims to streamline the payment collection process through mobile devices, enhancing transaction efficiency and security. The application of this technology will deliver a more seamless payment experience for both merchants and consumers, further driving the development of Hong Kong’s digital payment market.
About Payment Cards Group (“PCG”)
Payment Cards Group (“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. Yedpay, a member of PCG, 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/
