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PRESS RELEASES

Silicon Valley, USA

TBCASoft, the developer of the HIVEX® payment network, announces that UnionPay’s mobile payment app (the “UnionPay App”) will go live across locations enabled by the HIVEX Acceptance Partner PayPay, starting on September 2, 2026. The UnionPay App brings together more than 500 million linked card users – customers of banks that participate in UnionPay’s issuing ecosystem. These bank customers can simply open the UnionPay App already linked to their bank cards and pay for everyday travel scenarios at HIVEX-enabled merchants, from shopping and dining to entertainment and attractions. The HIVEX service supports both Customer-Presented Mode and Merchant-Presented Mode QR payments, subject to merchant availability.
Taguig City, Philippines and Silicon Valley, USA and Singapore

On July 27, 2026, TBCASoft, the developer of the HIVEX® cross-border payment network, signed a Memorandum of Understanding (MOU) with Rizal Commercial Banking Corporation (RCBC) and Novus Transact Philippines Corporation to explore cross-border QR payment opportunities between the Philippines and the HIVEX Network.
Silicon Valley, USA

HIVEX empowers 48 million Binance Pay users to pay at millions of local merchants, bridging Web3 wallets with Web2 payment infrastructure

TBCASoft and Binance Pay announce a cooperation to expand payment interoperability through the HIVEX® Network. HIVEX is TBCASoft’s next-generation federated payment framework designed to connect payment ecosystems, acceptance partners, and merchant networks across markets. At launch, the partnership extends HIVEX-enabled rails to approximately 48 million Binance Pay users worldwide, allowing eligible users to make everyday purchases across millions of merchant locations. Over time, the service is positioned to scale across Binance’s broader ecosystem of more than 300 million users, creating a secure, compliant, and interoperable network for Web3 payments at a global scale.

VIDEOS

MWC Las Vegas 2022

GSMA MWC Las Vegas Conference 2022

On September 28, at the GSMA MWC Las Vegas Conference, Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft spoke about the “Transformation of Payments.”  Consumers want fast, secure, and accessible mobile payment services to work anywhere they go. TBCASoft’s HIVEX® Network solves the complexity for mobile payment service providers allowing merchants and overseas travelers to do business.

Telcos & Mobile Finance, An Opportunity Too Big to Miss

GSMA Mobile 360 Thrive Latin America 2020

On December 1, Ling Wu, Co-Chairman of the CBSG Consortium and CEO & Founder of TBCASoft spoke as part of the GSMA Thrive Latin America conference. Mobile operators know they need to take part in mobile finance but can be deterred by high entry barriers. HIVEX can solve this and is now Service Ready for any mobile service provider, including OTT mobile payment service providers (MPSP) to successfully transform into a trusted mobile finance solutions provider.

Interview with Forkast News: How Telco Companies Could Become Banks

GSMA MWC Shanghai 2019

Initial solutions will be for transactions such as mobile wallet, remittance and top up. ‘So you have Hong Kong Telecom mobile service and I have T-Mobile. My account so far, is just used to pay phone bills. Imagine, without using an OTT service, I text you $5, so T-Mobile bills me $5 and you immediately receive a $5 credit.’ Carriers could potentially be like a bank.

INSIGHTS

Of all industries, the telecom industry is poised to seize the greatest share of the potential value of blockchain. In section one of this paper, Accenture Strategy will introduce a new proposition for the telecom industry: blockchain as the basis for telcos to become value aggregators and massively expand earnings and influence by collaborating to support an international network of value transfer. In section two, TBCASoft will build on this new idea of a telco blockchain consortium by introducing the “perfect fit” to the opportunity proposed by Accenture Strategy. Supported by Accenture Strategy’s industry and technology analysis, TBCASoft presents a compelling argument for telcos to join their Carrier Blockchain Study Group (CBSG).
On May 4, 2020 IBM and TBCASoft published a joint white paper. COVID-19 is accelerating consumer preference for contactless payments and Mobile Service Providers are ideally positioned. Service Providers should launch contactless payment services enabled by TBCASoft’s Cross-Carrier Payment System and join the CBSG Consortium that greatly expands the user and merchant base for their payment service — it accelerates the network effect to a global scale.