March 14, 2012 09:00 ET

Payvision Expands Footprint in Asia

Payvision Opens a New Office in Macau

AMSTERDAM, THE NETHERLANDS--(Marketwire - March 14, 2012) - Payvision is excited to expand its presence on the Asian continent by partnering with Banco Weng Hang S.A. in Macau. In 2011, Payvision opened its Office in the Hong Kong business district. Payvision is successfully offering innovative card payment solutions, in solid partnership with WHB Ltd., which recently celebrated its 75th Anniversary.

Together with his experienced Sales team, Payvision's Vice President for APAC, Willy Kwa Kok Leng, has acted as a Trusted Advisor in a region where Trust is Key to success. Building business relationships by sharing expertise and insight in the complexities of global card processing is fundamental in a market space which is expected to sky-rocket.

Since the launch of CEPA, e-commerce between Hong Kong and mainland China is creating great momentum. In Macau, e-commerce is being promoted and subsidized by IPIM. Growth figures for Hong Kong and Macau promise a bright future.

"Payvision is excited to partner with Banco Weng Hang S.A. in Macau. Together with this renowned Acquirer we can offer our clients reliable, innovative card processing solutions, including full BIN Sponsorship. Payvision is confident that its partnership with BWH S.A. will lead to further growth and mutual success in one of the fastest growing markets of the world," says Rudolf Booker, CEO of Payvision.

"We are happy to extend our Global Card Payment Service into Macau. Macau offers great Travel & Entertainment and MICE destinations, which present huge opportunities for growing e-commerce market in the APAC Region," says Willy Kwa Kok Leng, Payvision's Vice President Sales in the APAC Region.

"Riding on the experience and innovative technology of Payvision, we at Banco Weng Hang S.A. are confident that our new collaboration will speed up growth of our e-Commerce services and bring the business of our clients to a much higher level," says Cynthia Lam, Assistant General Manager of Banco Weng Hang, S.A.

About Payvision

Payvision, an independent payment solution provider specialized in global card processing for the e-commerce market, offers Acquiring Banks, PSPs, ISOs and their Merchants a secure, PCI Compliant, PSD Licensed, international payment processing platform, enhanced with innovative technology. Payvision provides its customers 24/7 Support, 150+ transaction currencies and regional card settlement currencies, a high-end reporting interface and a solid risk management solution. Founded in 2002, Payvision is headquartered in Amsterdam and has expanded its global services in over 40 countries with offices in New York, Utah, Madrid, France, Singapore, Hong Kong and Macau. Please visit for more information.

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