Worldline & BOCHK launch open platform card solution in Hong Kong

By Gloria Mathias

Worldline has partnered with the Bank of China (Hong Kong) (BOCHK), making BOCHK the first customer of Worldline’s open-platform card solution, Paysuite Essential Edition (formerly Cardlite), in Hong Kong.

BOCHK will leverage Worldline’s cloud-native application to enhance the customer experience further and expand offerings with its new Mastercard multi-currency debit card.

The bank’s move towards an open-platform card solution underscores the added value of Worldline’s open-platform card solution. Paysuite Essential Edition provides a safe and efficient alternative to legacy platforms.

With the partnership, Worldline enables the bank to offer a more personalised experience to its customers. Worldline provides a local support team with local expertise to cope with BOCHK’s future business expansion and is localised to support compliance requirements within the HK banking industry. The solution also supports Mastercard multi-currency cards, which facilitate global transactions with ease. In addition, this infrastructure shortens the time to market for new business features, leading to the rapid deployment of innovative services.

Worldline’s open platform card solution provides enhanced capabilities through API connectivity, reducing integration complexity and seamless integration with other systems and modules such as digital banking, fraud detection, and customer service.

Noel Chow, Worldline’s Head of Financial Services Asia-Pacific, said, “We are excited to partner with BOCHK, a prestigious bank in the region, to launch our new innovative solution, Paysuite Essential Edition, in Hong Kong. The partnership highlights the trust and confidence of financial institutions in our innovative open platform solutions. We believe this partnership paves the way for other banks to modernise their card systems and migrate from legacy systems to open systems.”

Daniel Li, Chief Digital Officer of Personal Banking & Wealth Management Bank of China (Hong Kong), shared, “As open platform solutions are the future in digital payments, BOCHK is pleased to partner with Worldline, known for its comprehensive, innovative Fintech solution and unparalleled local support it offers, to provide our customers with the Mastercard multi-currency debit card powered by its Paysuite Essential Edition. This collaboration marks a significant step forward in our commitment to delivering a seamless payment experience to our valued customers and promoting the wider use of digital payments.”