Under the agreement, the companies are set to provide a joint solution combining Go Funs loyalty system and Hybrids mobile payment platforms to enable Go Fun merchants to process loyalty and payment transactions using mobile devices. While loyalty transactions for checking, accumulating and redeeming points will be done through Go Funs Loyalty System, payment processing for credit and PIN debit cards will be supported by Ease2Pay, a payment service provider that processes payment transactions from card schemes including VISA, MasterCard and China Union Pay.
Go Fun Card established its platform in 2010 in Hong Kong, Macau and Mainland China.
Hybrid Paytech enables payment systems focusing on authentication, approved security and merchant adoption in fleet, delivery, logistics and retail industries. The company has market access to over 3 million merchants worldwide.
In recent news, US provider of integrated invoicing InvoiceASAP has entered an agreement with Hybrid Paytech to provide mobile business services including mobile payments, invoicing and point-of-sale (POS).
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