08 February 2018
| James Pearce
PCCW Global has struck an agreement with Youtap to expand distribution of the contactless payments provider’s services as a complement to HKT’s Tap & Go solution.
The agreement will allow PCCW Global to provide both
existing and new clients with payment processing and merchant
acquisition services designed to support customers transacting
in a variety of different ways.
PCCW Global, the international operating division of HKT,
will offer its carrier, mobile network operator, and financial
institution partners access to an enhanced secure mobile
payment processing platforms.
It will distribute Youtap Pay and Youtap merchant
acquisition services which have been specially developed to
enable closed-loop payment, agency banking and disbursement
services in-store, on the street and on the go.
Craig Price, SVP international projects, PCCW Global, said,
"Our collaboration with Youtap, in combination with our
existing deployment of HKT’s Tap & Go
platform, will enable PCCW Global customers to further expand
their offer of an end-to-end payments solution regardless of
the preferred method of payment.
"Our expanded mobile payment solutions are now uniquely
positioned to overcome all the challenges associated with
making contactless payments, and we expect the demonstrable
ease of operation which this new relationship brings to our
offering will deliver real benefits to our customers around the
Chris Jones, founder and CEO Youtap, said, "We believe that
our platforms and expertise in emerging markets complement the
reach, networks, and pedigree of PCCW Global and their Tap
& Go solution. In leveraging our combined knowledge in the
payments industry, we can deliver unparalleled experiences for
both merchants and consumers alike."
Tap & Go