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PRESS RELEASES

TBCASoft and Octopus Cards (Hong Kong) Launch Scalable Cross-Border QR Payments via the HIVEX® Network

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network, in partnership with Octopus Cards Limited, Hong Kong’s most recognized stored-value payment provider, successfully launched a strategic collaboration that is enabling scalable cross-border QR code payments for millions of Hong Kong travelers. Through this partnership, Octopus is now integrated with HIVEX, the leading next-generation international mobile payment network. Starting October 2, 2025, more than 5 million Octopus users can make seamless payments at millions of PayPay merchants in Japan, making travel more convenient and cashless than ever before.

HIVEX® Powers Seamless Cashless Payments for Chinese Travelers in Japan Through a Weixin Pay (WeChat Pay) and PayPay Collaboration

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft, the developer and operator of the HIVEX® cross-border payment framework, today announced the launch of a landmark cross-border mobile payment initiative enabling Weixin Pay (WeChat Pay) users to make QR code payments at PayPay’s merchants in Japan. This collaboration marks a major step forward in HIVEX’s mission to connect leading mobile wallets globally and deliver a frictionless payment experience for international travelers. In collaboration with HIVEX, Weixin users that travel to Japan can now pay directly at millions of PayPay merchants across Japan by scanning PayPay’s QR code display, without currency exchange or additional app downloads. The service is expected to go live in mid-September 2025. Weixin and its international service WeChat have more than 1.4 billion monthly active users combined.

HIVEX® Layer 1 Blockchain and StraitsX, a Regulated Stablecoin Issuer, to Lead Multi-Currency, Stablecoin-Driven Cross-Border Payments

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network, today announced a strategic MOU (“Project HIVEX StableLink”) with StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins. This collaboration marks a major leap forward in delivering scalable, blockchain-powered, cross-border payments that will utilize regulated stablecoins for instant FX and settlement finality, bringing significant cost-efficiencies to network partners, including mobile users, issuers, acquirers and merchants.
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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.

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INSIGHTS

TBCASoft’s Blockchain Technology has Massive Potential to Create New Revenue for Mobile Payment Service Providers

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).

TBCASoft Shares Expertise for Webinar: Reshaping the Telecommunications Ecosystem and Business Models

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.
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