Yeahka enhances HSBC Digital Merchant Services in Hong Kong by integrating Alipay, AlipayHK, and WeChat Pay, expanding e-wallet options for local merchants.
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| Fintech firm Yeahka partners with HSBC to integrate Alipay, AlipayHK, and WeChat Pay into HSBC Digital Merchant Services, boosting digital payment access in Hong Kong. Image: Yeahka |
HONG KONG, China — July 15, 2025:
Fintech platform Yeahka (9923.HK) has partnered with HSBC to upgrade HSBC Digital Merchant Services in Hong Kong by integrating three major e-wallets: Alipay, AlipayHK, and WeChat Pay. This strategic enhancement aims to provide merchants with broader digital payment options and improve accessibility for consumers, especially those from mainland China.
The integration is part of HSBC’s mission to streamline digital commerce for merchants through a unified platform. With Yeahka’s support, HSBC Digital Merchant Services now enables businesses to accept a wider variety of e-wallet payments under a single contract—simplifying transactions, expanding customer reach, and improving operational efficiency.
“Merchants can now reach a broader audience by offering a seamless checkout experience tailored to various payment preferences,” said Lewis Sun, Global Head of Domestic and Emerging Payments, Global Payments Solutions at HSBC. “Collaborating with fintech innovators like Yeahka allows us to deliver real value to our clients.”
Yeahka has built one of the most extensive payment ecosystems in the region, achieving nearly 60 million peak daily app-based transactions as reported in its 2024 financial report. The company has partnered with over 6,000 SaaS providers and 160 banks to jointly acquire merchants, while deploying a network of 17,000 independent sales organizations to extend its market footprint.
As part of its global expansion, Yeahka has joined international card networks including Visa, MasterCard, and UnionPay International, enabling cross-border payment acceptance for merchants.
“Our goal is to provide a seamless user experience backed by reliable technology,” said Luke Liu, Founder and CEO of Yeahka. “We’ve evolved from card-based solutions to e-wallets and AI-powered platforms, and we’re excited to deepen our partnership with HSBC for future opportunities.”
According to Payments & Commerce Market Intelligence (PCMI), Hong Kong’s e-commerce sector is projected to reach HKD 240 billion by 2027, with e-wallets accounting for over 60% of all digital transactions. This makes e-wallet integration a critical step for businesses seeking to stay competitive and attract cross-border customers.
HSBC’s platform offers a centralized solution for businesses to manage digital payments and administration. The new partnership allows merchants to tap into China’s vast e-wallet user base without navigating multiple service providers or contracts.
As fintech adoption continues to reshape global commerce, the HSBC–Yeahka partnership marks a key step toward a more unified, scalable, and secure digital payments landscape in Asia and beyond.