变革支付解决方案：UQPay与海科融通的战略联盟

2024-1-29

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Marking a significant milestone in the world of digital finance, UQPay is thrilled to announce the successful finalization of our partnership with HaiKe Rongtong（海科融通）, a leader in financial technology solutions. This collaboration is set to redefine the landscape of payment processing by integrating advanced services like Visa’s Enhanced Authorization Service (EAS) and Mastercard’s Merchant Identifier Program (MIP).

Partnership Overview:
The finalized agreement positions HaiKe Rongtong（海科融通） as a key processor for UQPay. This partnership enables UQPay to leverage HaiKe Rongtong（海科融通）’s robust processing capabilities, enhancing our service offerings with Visa EAS and Mastercard MIP. These integrations are pivotal in elevating the efficiency and security of our payment processing systems.
Visa EAS and Mastercard MIP Explained:
- Visa EAS: This service enhances transaction authorization rates, significantly reducing the likelihood of false declines while bolstering fraud prevention measures. It ensures a smoother, more reliable transaction experience for both merchants and customers.
- Mastercard MIP: This program provides enriched transaction data, offering deeper insights into consumer spending patterns. It aids merchants in tailoring their services and marketing strategies more effectively, based on comprehensive transactional analytics.
Implications for UQPay’s Clients:
This partnership is a game-changer for UQPay’s clientele. Businesses, especially SMEs, can expect a seamless transaction experience with higher authorization rates and reduced fraud risks. The detailed analytics provided by Mastercard MIP will empower our clients with data-driven strategies for market expansion and customer engagement.
Commitment to Innovation and Security:
UQPay’s collaboration with HaiKe Rongtong (海科融通) underscores our commitment to innovation and security in digital payments. By harnessing HaiKe Rongtong (海科融通)’s advanced processing technologies, we are setting new standards in payment solutions, ensuring that our clients always have access to the forefront of payment technology.
Future Prospects and Continuous Support:
As we embark on this new journey with HaiKe Rongtong（海科融通）, UQPay remains dedicated to exploring further avenues for enhancing our payment solutions. We are committed to providing continuous support and updates to our clients, ensuring they reap the full benefits of this partnership.

Conclusion:
The partnership between UQPay and 海科融通 (HaiKe Rongtong) is more than just a collaboration; it's a fusion of expertise and technology aimed at transforming the payment processing industry. We are excited to embark on this journey, confident that it will bring unparalleled value to our clients and reshape the way businesses handle digital transactions.

Comment from the General Manager of HaiKe Rongtong "Rong Hua":
"As a company with a strong reserve of international card transaction technology capabilities, HaiKe Rongtong's ability to provide our technical services to UQPay, a leading international fintech enterprise, is not only a recognition of our technical capabilities by international peers but also a step towards further internationalizing our technical products and services. We look forward to this collaboration bringing our innovative technology to the global market and providing high-quality services to more customers."

Comment from the CEO of UQPay "Jack Li":
"As an emerging fintech company with a global layout, UQPay's decision to collaborate technically with Haikei Rongtong will significantly enhance our capabilities in technology development and innovation. This collaboration will drive technological innovation and experience optimization of our products and accelerate the layout of our global payment business. We believe that Haikei Rongtong's advanced technology and expertise will bring more value and better service experiences to our global customers."

About 海科融通 (HaiKe Rongtong)

海科融通 (HaiKe Rongtong), a renowned state-owned enterprise in China, stands at the forefront of the financial technology industry. The company holds a distinguished nationwide "Payment Business License," specializing in bank card acquiring services. With a network of 35 branches across the country, Haikei Rongtong has an impressive track record of serving over 10 million merchants with an annual payment processing volume of 1.5 trillion yuan and has established strong partnerships with more than 30 financial institutions.

About UQPay:

Founded in 2015, UQPay is a dynamic payment solution provider headquartered in Singapore and subsidiaries across Hangzhou, China, Hong Kong, Malaysia and Indonesia. UQPay is licensed by MAS as a Major Payment Institution under the Payment Services Act 2019 to conduct Account Issuance, Domestic and Cross-Border Money Transfer, Merchant Acquisition and E-Money Issuance services. Our partnership with HaiKe Rongtong (海科融通) is a testament to our dedication to staying ahead in the rapidly evolving digital payment landscape.