February 21, 2024

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Multinational delivery services company launches QR Pay for Hong Kong businesses

According to a recent report, a multinational courier delivery services company has launched QR (Quick Response) Pay, a QR-code based mobile payment, in Australia, Hong Kong, Malaysia, Philippines, Singapore, and Thailand.

This payment method aims to enhance the customer experience and facilitate an efficient shipping process.

Supplementing existing online payment methods (such as through the courier and delivery services company), QR Pay aims to be a secure and convenient mobile payment option using a QR code, which is embedded with a unique payment link.

QR Pay simplifies the payment process by eliminating the need to have shopping carts, booking engines or checkouts. With QR Pay, customers can make payments with credit cards as well as e-wallets that to cater to different customer needs.

Customers can simply scan the QR code provided by the delivery services company’s couriers or printed on their invoices with their smartphones, which will then automatically direct them to the payment page.

The President of the Asia Pacific branch of the delivery services company stated that the company is constantly looking for ways to innovate, pioneer new solutions and offerings to address customers’ evolving needs in the region.

She noted that the introduction of QR Pay is an example of how the company is using technology to provide greater flexibility and convenience for their customers, and ultimately a better experience when it comes to managing their logistics needs.

The Asia Pacific is leading the world in mobile payment with more than half (53%) of connected consumers using their mobile devices to pay for goods or services at the point of sale.

Seeing a clear trend towards mobile payment adoption, SMEs are also harnessing new technologies to expand their business.

According to a recent research commissioned by the delivery services company, 73% of SMEs are already current users of mobile payments, with 69% of these businesses likely to increase usage in the next 12 months.

Thirty per cent of current non-users are likely to begin using mobile payments as well.

QR Pay will soon be expanded to other markets in the Asia Pacific.

This move happens to also be in line with the Hong Kong Smart City Blueprint’s development plans for a Smart Economy.

That is, the government seeks to promote Fintech initiatives and explore distributed ledger technology applications in different areas, including trade financing and cross-boundary transactions.

This includes facilitating the introduction of virtual banking as another model of service delivery, formulating, by [the end of] 2018, a framework to facilitate the development and wider adoption of API by the banking sector (which Hong Kong has already done as reported earlier), thereby stimulating innovations and improving financial services through collaboration between banks and technology firms.

Looking forward the Hong Kong government will continue to explore and formulate initiatives to enhance the overall business climate, particularly in areas of the technology-driven economy like Fintech and re-industrialisation; further develop the region’s I&T ecosystem to attract more start-ups and investors from other jurisdictions; and, attract more leading talents and investments to enhance our city’s economic vibrancy.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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