NEWSROOM

Stay up-to-date with TBCASoft

PRESS RELEASES

HIVEX® and Binance Pay Partner To Bring Web3 Payments into Mainstream Commerce Across Asia

  • Silicon Valley, USA
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.

TBCASoft and UnionPay International Announce a Network-to-Network Cooperation for Cross-Ecosystem Payment Interoperability

  • Silicon Valley, USA
Silicon Valley, USA


TBCASoft and UnionPay International announce a network-to-network cooperation agreement to advance digital payment interoperability between their respective ecosystems. Through this cooperation, UnionPay International’s user-side ecosystem will be connected across TBCASoft’s HIVEX® merchant-side ecosystem, allowing UnionPay-enabled users to make QR-code-based payments using CPM (Customer Present Mode) and/or MPM (Merchant Present Mode) at merchant endpoints operated by HIVEX Acceptance Partners. By connecting at the network level, the cooperation creates an efficient and scalable model for payment acceptance expansion across participating markets.
MORE

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.

MORE

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.
MORE