CMB Wing Lung Bank

CMB Wing Lung Bank provides card acceptance to businesses registered in Hong Kong as a limited company. It is also known under the earlier name Wing Lung Bank.

Acquiring services

The bank offers three acquiring formats: POS terminals, mobile terminals and online acquiring. Visa, Mastercard and UnionPay are supported. The description of its internet solution names Mastercard MiGS and UnionPay UPOP as the technologies behind online card payments.

Eligibility and documents

The service is available only to companies incorporated in Hong Kong. Applicants are expected to provide business registration and incorporation certificates, company constitutional documents, evidence of directors' identity and residence, and to sign a merchant contract. Businesses registered elsewhere do not fall within this offer.

Who it suits

The offer suits Hong Kong retailers and service companies that need in-store and mobile terminals together with an online payment option, and that want to accept UnionPay cards alongside the international schemes. Fees, settlement times and settlement currencies are not stated in the profile and should be agreed with the bank before a merchant contract is signed.