EMQ delivers enhanced cross-border payment capabilities in Hong Kong

According ro the press release, this extends EMQ’s network infrastructure deeper into domestic markets, enabling global customers to cost-effectively send funds in both Hong Kong Dollar (HKD) and Renminbi (RMB) in minutes, reaching a wider set of beneficiary accounts across all banks in Hong Kong. Already live in Hong Kong, the expanded payments capabilities allows EMQ to streamline and process international payments for businesses anywhere in the world through one single integration with EMQ Connect API.

Furthermore, the API-powered solutions can effectively settle any cross-border transactions and support a multitude of front-end use cases, while enabling global businesses to automate their workflows and optimise operational efficiency. With a network footprint touching billions of people, EMQ’s network spans over 80 markets throughout Asia Pacific, Africa, Europe and North America.  

With the addition of Hong Kong, EMQ now offers in minutes cross-border payments across China, Singapore, South Korea, India, Indonesia, Cambodia, Vietnam, Nepal, Philippines, the United Kingdom, and 19 markets in Africa, with more markets underway in the near future.  

The company is currently licensed in Hong Kong, Singapore, Indonesia, and registered as a Money Service Business in Canada. EMQ was also accepted into Taiwan’s Regulatory Sandbox by the Financial Supervisory Commission in Taiwan.