15 December 2017
visit www.avoka.com

Optal becomes principal member of MasterCard in Hong Kong

01 February 2016  |  1990 views  |  0 Source: Optal Limited

Optal Limited today announced that it has expanded its global operations, becoming a principal member of MasterCard in Hong Kong.

Optal’s wholly owned subsidiary, Optal Asia Limited, holds a Money Service Operator’s license in Hong Kong and has now been granted MasterCard principal membership. Optal’s UK subsidiary, Optal Financial Limited, is already one of Europe’s leading virtual card issuers, enabling customers to make business-to-business payments securely and efficiently.

Optal Managing Director, Rob Bishop, said, “Securing this licence is important to support our global growth aspirations. There is already very strong demand for our virtual card solutions in the Asian region. Having this licence enables us to broaden our service offering and to create new, bespoke payment solutions for the Asian region.”

Optal’s Chairman, Andre Sekulic, formerly President of MasterCard Asia Pacific, Middle East and Africa, said, “Optal’s strength is as an ecommerce enabler. The growth of ecommerce in the Asian region creates significant opportunities for Optal to help its customers make payments more efficient and reduce associated costs. We’re looking forward to continuing to work with our key business partners to execute new, Asian based opportunities.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.ebaday.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
9961 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9388 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7416 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6797 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6233 views 0 | 4 tweets | 2 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job