UQPAY has achieved Visa Associate Membership in Australia, marking a significant step in its collaboration with Visa and its expansion across the Asia-Pacific region. This membership will allow UQPAY to extend its card-issuing capabilities in Australia, complementing its existing financial services and supporting businesses operating across borders.
Australia’s robust financial market and regulatory framework play a crucial role in UQPAY’s regional strategy. The company currently offers Unified Money Account services in Australia, enabling businesses to manage funds across multiple currencies. With the new Visa membership, UQPAY plans to introduce additional card payment functionalities, providing companies with greater flexibility in managing funds and meeting operational needs.
The integration of account-based payment services with card-issuing capabilities aims to deliver a comprehensive payment solution, enhancing financial management and business spending. UQPAY’s development of new services will adhere to regulatory requirements, Visa rules, and necessary approvals.
Dr Jack Li, founder and CEO of UQPAY Group, stated, “Securing Visa Associate Membership further strengthens the foundation for our collaboration with Visa in Australia. We will continue to enhance connectivity across regional payment networks and develop stronger infrastructure to support businesses operating across borders.”
UQPAY Group is a global fintech group headquartered in Singapore. As UQPAY expands its presence across the Asia-Pacific, it remains committed to corporate governance, regulatory compliance, and system security. The company aims to connect its global account, foreign exchange, and international transfer services with planned card payment capabilities, supporting companies in the Asia-Pacific and global markets.
