Hong Kong, February 21, 2025 – The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, is pleased to announce the launch of its latest merchant and SME lending business, MONEYCOW. By integrating artificial intelligence (AI) technology and big data analytics, MONEYCOW offers customers a seamless and innovative borrowing experience. Through continuous exploration of the latest financial technologies, MONEYCOW streamlines the entire loan process, providing customers with convenient, fast, and flexible financing solutions.
Established in 2016, PCG operates across various segments of payment technology and is one of the few non-bank acquirers in Hong Kong. Last year, PCG launched a new payment brand, AbbyPay, to accelerate the empowerment of local merchants through payment technology and consolidate the local payment industry. MONEYCOW, PCG’s latest venture, integrates the core payment and lending functionalities, offering initial loan products such as AI Merchant Loan, AI SME Loan, Supply Chain Finance Loan, and Corporate Tax Loan, all designed to meet diverse market needs.
The AI Merchant Loan integrates merchants’ online and offline business data, including sales revenue, performance trends, and inventory turnover, to assess creditworthiness and facilitate loan disbursement. The product offers a faster, simpler, and more accessible financing solution, with loan amounts of up to HK$1 million and approval possible within 24 hours, helping merchants enhance their capital and financial liquidity. Recognizing the needs of its customers, MONEYCOW provides flexible repayment terms, allowing customers to choose weekly, bi-weekly, or monthly repayments, with no penalties for early redemption. MONEYCOW’s AI SME Loan, on the other hand, requires no collateral or financial reports, and offers loan amounts up to HK$1 million, allowing customers to select products tailored to their needs.
MONEYCOW also offers customized Corporate Tax Loan for merchants and SMEs. Customers can obtain loans of up to 100% of their profit tax payable based on their company’s tax demand note, ensuring flexible cash flow during tax seasons and meeting various business funding needs. Additionally, with the advancement of global supply chain models, MONEYCOW’s Supply Chain Finance offers buyers and their suppliers with comprehensive, one-stop financing solutions, ensuring the stable supply of goods and services while supporting business growth and overseas market expansion.
Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, said, “PCG, which started as a small business, has gained a deep understanding of the pain points in business financing by continually adapting our services to meet customer needs. Recognizing these challenges, we are launching MONEYCOW to help merchants and SMEs meet their cash flow needs. With AI and big data analytics, MONEYCOW offers fast and secure financing solutions without requiring collateral or financial reports. In the future, PCG will continue to explore market needs, offering diversified financial and payment technology services, launching more relevant solutions, and empowering merchants worldwide.”
Jacky Tong, Co-Founder and Chief Executive Officer of MONEYCOW, added: “MONEYCOW introduces a new AI-powered loan approval experience to merchants and SME clients. We understand that credit scores may not fully reflect a customer’s business situation. By leveraging AI and data science, MONEYCOW can better assess customer’s business conditions, providing fast and secure financing solutions. This ensures that every merchant and SME can seamlessly access financing, driving innovation, expansion, and long-term business growth.”
Note: MONEYCOW by Yedpay Prime Limited reserves the final approval rights.
Money Lender’s License No.: 0221/2025. For more details, please visit https://moneycow.com.hk/
Warning: You have to repay your loans. Don’t pay any intermediaries.
Enquiry and Complaint Hotline: 2123 1628
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/
