China Telecom Global (CTG) has entered an agreement with HKT Payment, the mobile payment subsidiary of Hong Kong operator HKT, to issue a co-branded mobile payment solution.
The companies will collaborate to issue a co-branded virtual Tap & Go card for subscribers to CTG’s CTExcel multinational mobile brand.
Tap and Go is the contactless mobile payment technology used by HKT Payment for its stored value facilities (SVF) mobile payment service.
Through the collaboration CTExcel customers will be able to take advantage of the payment option at a wide range of merchants, China Telecom Global CEO Deng Xiaofeng said.
“We think mobile payment is an area that will help CTG to differentiate its mobile solution with extra benefits. This partnership is the first step into this space in Hong Kong and aims at empowering CTExcel users to enjoy smart and convenient mobile payment at over 6 million merchant outlets worldwide as well as online,” he said.
HKT Payment head Monita Leung added that in addition to the extensive global payment network, “the unique Tap & Go peer-to-peer payment services PayBuddy and PayMaster enable our partner to reach and engage wider markets including children and young adults.”
CTG has separately agreed to provide the network in China and Hong Kong for for global roaming and IoT solutions provider UROS Uni-fi Roaming Solutions.
Under the agreement, CTG will provide 4G mobile services in both markets, delivered via both traditional SIM cards and eSIM technology.
““CTG is excited to support UROS for its connectivity requirements across HK and mainland China. With its CTExcel brand, CTG is committed to providing high quality mobile service across the regions for both consumers and enterprises without compromising quality and reliability,” Deng said.