Core Viewpoint - YeahPay, a payment brand under the company 移卡 (9923.HK), has announced a strategic partnership with Octopus Cards Limited to enhance the digital payment ecosystem in Hong Kong [2]. Group 1: Partnership and Network Expansion - The collaboration allows YeahPay's merchants in Hong Kong to process transactions and settlements through Octopus, expanding its payment network and service coverage [2]. - Octopus is a widely used electronic payment platform in Hong Kong, with over 20 million cards in circulation and a penetration rate of 98%, featuring more than 190,000 payment points across various sectors [2]. Group 2: Business Performance and Growth - 移卡's 2024 financial report indicates a peak daily transaction volume of nearly 60 million transactions, with over 6,000 SaaS partners and close to 160 acquiring banks [3]. - The company has expanded its market coverage through 17,000 independent sales agents and has joined several leading global payment network membership organizations, enhancing its acceptance capabilities for all card types [4]. Group 3: Strategic Focus and Future Plans - Hong Kong is a crucial region for YeahPay's global business strategy, serving as an important headquarters for international operations and business model exploration [4]. - 移卡 plans to focus on servicing Hong Kong merchants while deepening collaborations with other institutions, aiming to provide efficient, convenient, and secure one-stop payment services alongside smart solutions for various industries [4].

Core Viewpoint - YeahPay, a payment brand under the Hong Kong-listed company Yika (9923.HK), has formed a strategic partnership with Octopus Cards Limited to enhance the digital payment ecosystem in Hong Kong [1] Group 1: Partnership and Expansion - The collaboration allows YeahPay's Hong Kong merchants to process transactions and settlements through Octopus, expanding YeahPay's payment network and service coverage [1] - Octopus is the most popular electronic payment platform in Hong Kong, with over 20 million cards and products in circulation, achieving a penetration rate of 98% across the region [1] - The partnership aims to provide merchants across various industries with a more flexible, diverse, and efficient payment experience [1] Group 2: Strategic Importance and Future Focus - Hong Kong is a crucial region for YeahPay's global business strategy, serving as an important headquarters for international business development [1] - The company plans to focus more on the implementation of services for Hong Kong merchants and deepen collaborations with other institutions [2] - Beyond payment services, YeahPay aims to offer smart solutions, precise marketing, and artificial intelligence products to various industry merchants [2]