Overview
EFTPay is a payment facilitator (PayFac) operating in Hong Kong. The company onboards businesses as sub-merchants under its master account, so a merchant does not need to sign a separate agreement with an acquiring bank.
What a PayFac is
A payment facilitator registers with card schemes and an acquirer as an intermediary and vets the businesses it onboards itself. For a business this usually means:
- faster onboarding than with a direct bank agreement;
- a simpler set of documents;
- one provider responsible for both acceptance and settlement.
The flip side is that the facilitator sets its own risk monitoring rules and may hold payouts if it sees suspicious activity.
Who it suits
The model fits small and medium businesses in Hong Kong that need to start accepting payments quickly: retail stores, service companies and online projects. Large merchants with high volume sometimes do better with direct acquiring, but at the start a PayFac saves time.
What to ask
Payment methods, pricing, onboarding and payout times are not public. They are discussed when you apply.
Legal entity
The operator is EFT Payments (Asia) Limited, Hong Kong.
Links and socials
What they do
Work formats
Geography · 1
Reviews
0 reviewsNo reviews yet
Write a review
Log in · Log in to leave a review.
Matching requests
Requests looking for these sections, GEOs and methods.
FuturaPay seeks MTN and Orange Money operators and aggregators in Africa
FuturaPay is building mobile money infrastructure in Africa and recruiting local partners country by country. It wants companies whose connection is already live in production, not just planned. Who…
Looking for:Payment providersTeams
INRSettle seeks PSPs, AD banks and FX / stablecoin rails for corporate INR flows
Start-up INRSettle is building a cross-border B2B settlement service in Indian rupees and wants regulated partners: PSPs, Authorised Dealer (AD) banks and providers of FX and stablecoin…
Looking for:Payment providers
Softbook seeks a PA / PG for a UPI Intent integration in Gurgaon
Softbook is looking for an established payment aggregator (PA) or gateway (PG) to enable UPI Intent for its client in Gurgaon. The author describes the client as approved under BBPS, India's bill…
Looking for:Payment providers
PAYSTO invites banks, gateways and SBP partners to integrate
PAYSTO is looking for banks, payment gateways, SBP partners and local operators to integrate with and expand into new markets. Intake is ongoing. What is needed bank, PSP and gateway integrations…
Looking for:Payment providersTeams
Synque seeks acquirers and PSPs for Hong Kong and Chinese wallets
Hong Kong payment platform Synque needs additional acquirer and PSP integrations. Synque Limited offers partners a technical and commercial pilot. Hong Kong methods Octopus; FPS; PayMe; AlipayHK and…
Looking for:Payment providers
Airline booking agency seeks to replace an acquirer with a 20% reserve
Airline booking acquiring is being sourced by broker QuadraPay for a separate client, an agency selling flights to buyers in the United States. Its current provider holds a 20% rolling reserve, and…
Looking for:Payment providers
Similar companies
All
Nominal Payments
Nominal Payments develops payment infrastructure for businesses operating in challenging international markets. We bring together merchants, local traders…
Business Expansion LLC
Business Expansion is a business infrastructure and international expansion partner helping iGaming, Web3 and FinTech businesses establish, structure and scale…
Starex
We ensure the stable operation of our payment infrastructure, regularly update payment details, and maintain high-quality processing so that your users can…
Payloniym