EFT Solutions

We are a leading electronic fund transfer at point-of-sale (“EFT-POS”) solution provider, which was established in 2004 and founded by Mr. Andrew LO who possesses over 19 years of experience in electronic payment solutions, focusing on providing EFT-POS terminal and peripheral device sourcing and EFT-POS system support service in Hong Kong. We position ourselves as the link between EFT-POS terminal manufacturers and acquirers (i.e. acquiring bank or payment processor that processes credit or debit card payments on behalf of a merchant) to provide total EFT-POS solutions including sourcing of EFT-POS terminals and peripheral devices services, together with developing software that comply with electronic payment standards acceptance certification, installation and ongoing maintenance and repair services of EFT-POS terminals and other related services (the “EFT-POS System Support Service”). We also provide customised project based software solution services to merchants.

We provide sourcing of EFT-POS terminals and peripheral devices services to acquirers as well as merchants. Leveraging our experience in the electronic payment industry and our well-established business relationships with EFT-POS terminal and peripheral device manufacturers, we are able to recommend suitable EFT-POS solutions meeting the requirements of our customers. We are a value added partner (i.e. we add features or services to the EFT-POS terminals manufactured by certain EFT-POS terminal manufacturers to help merchants or acquirers to source the suitable blend of hardware and software for payment solutions and we coordinate or supervise installations of these EFT-POS terminals) of the top two EFT-POS terminal and peripheral device manufacturers in the world in 2015 according to the Frost & Sullivan Report, including Verifone Systems International Limited, a subsidiary of Verifone Systems, Inc. (Verifone Systems, Inc. and/or its subsidiaries collectively referred to as “Verifone”).

We provide authorised service for the three, including Verifone and PAX Technology Limited, a subsidiary of PAX Global Technology Limited (PAX Global Technology Limited and/or its subsidiaries collectively referred to as “PAX”), of the top five manufacturers of EFT-POS terminals in the world. As at 31 July 2016, we provide EFT-POS System Support Service for approximately 47,000 EFT-POS terminals deployed by acquirers at merchants including chain stores and department stores such as PARKnSHOP, DFS, Watsons and SOGO in Hong Kong. According to the Frost & Sullivan Report, in 2015, we ranked first in terms of revenue of EFT-POS solution providers providing EFT-POS System Support Service with a market share of 54.0% in Hong Kong. We also provide value-added software solutions by developing customised software on a project basis, like customer relationship management and electronic retail management, which streamline data gathering and enhance the payment process and operation flow for the acquirers and merchants.

Listed at the Hong Kong Stock Exchange (Stock number: 8062).