The Times Australia
News From Asia

.

EFT Solutions Kicks Off Taiwan Operations, Aiming to Acquire Local Payment Terminal Service Provider

HONG KONG SAR - Media OutReach Newswire - 17 April 2025 - EFT Solutions Holdings Limited ("EFT Solutions," together with its subsidiaries, the "Group"; stock code: 8062.HK), a leading electronic fund transfer point-of-sales ("EFT-POS") solutions provider, is pleased to announce that EFT Solutions Limited (Taiwan) (the "Company"), an indirectly wholly-owned subsidiary of the Group, entered into a memorandum of understanding (the "MOU") with Mr.

Hsu Ching-chung, Chairman of Airlink Technology Co., Ltd. ("Airlink Technology"), a payment terminal solutions provider in Taiwan. The Group intends to acquire certain share capital of Airlink Technology, in order to strategically position itself for the comprehensive development of its business in the Taiwan market.

Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions (Left), and Mr. Hsu Ching-chung, Chairman of Airlink Technology, attended the signing ceremony of the MOU.
Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions (Left), and Mr. Hsu Ching-chung, Chairman of Airlink Technology, attended the signing ceremony of the MOU.

Airlink Technology is a payment terminal solutions provider in Taiwan. It principally engaged in distributing EFT-POS terminal and peripheral device business serving as one of authorized distributors for major global brands of EFT-POS terminal in Taiwan. Its core business focuses on providing end-to-end payment solutions including EFT-POS terminal sales, system integration, technical support and maintenance services to the financial sector, with client base including the local major credit card acquirers and banks.

Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions said, "The potential acquisition marks a significant milestone for the Group in its expansion into the Taiwanese market. Leveraging Airlink Technology's solid market knowledge and strong customer base in the local payment terminal solution sector, we believe that this will accelerate the business development of the Group in the region and further strengthen our leading position in the market. This strategic initiative will enable us to provide innovative and secure e-payment solutions to a broader customer base, effectively addressing the ever-changing market challenges."

EFT Solutions is dedicated to expanding its overseas business footprint, which includes the completion of a partial acquisition of a payment service provider in Mongolia and establishment of a MOU with a digital bank in the United Arab Emirates (UAE) last year, aimed at seizing global market opportunities, particularly in Southeast Asia and the Middle East. In addition, the Group has facilitated the expansion of a Mongolian payment card into Hong Kong market with the support of a third-party acquiring service provider last month.Hashtag: #EFTSolutions #俊盟國際 #MOU #Acquisition #收購

The issuer is solely responsible for the content of this announcement.

EFT Solutions Holdings Limited

EFT Solutions Holdings Limited (Stock Code: 8062.HK) has been committed to providing a full range of "EFT-POS" electronic payment solutions, including supporting software, terminals and peripheral devices, to bring convenience to people and improve their quality of life. It aims at providing the most suitable electronic payment solutions for different customers, as well as providing value added functions for EFT-POS terminals, and coordinating terminal installation and maintenance services. Its EFT-POS terminal services cover renowned restaurant group, banks, major chain stores and department stores in Hong Kong, and will be deployed across various APAC countries. Website:

Times Magazine

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

From Beach Bops to Alpine Anthems: Your Sonos Survival Guide for a Long Weekend Escape

Alright, fellow adventurers and relaxation enthusiasts! So, you've packed your bags, charged your devices, and mentally prepared for that glorious King's Birthday long weekend. But hold on, are you really ready? Because a true long weekend warrior kn...

Effective Commercial Pest Control Solutions for a Safer Workplace

Keeping a workplace clean, safe, and free from pests is essential for maintaining productivity, protecting employee health, and upholding a company's reputation. Pests pose health risks, can cause structural damage, and can lead to serious legal an...

The Times Features

Tricia Paoluccio designer to the stars

The Case for Nuturing Creativity in the Classroom, and in our Lives I am an actress and an artist who has had the privilege of sharing my work across many countries, touring my ...

Duke of Dural to Get Rooftop Bar as New Owners Invest in Venue Upgrade

The Duke of Dural, in Sydney’s north-west, is set for a major uplift under new ownership, following its acquisition by hospitality group Good Beer Company this week. Led by resp...

Prefab’s Second Life: Why Australia’s Backyard Boom Needs a Circular Makeover

The humble granny flat is being reimagined not just as a fix for housing shortages, but as a cornerstone of circular, factory-built architecture. But are our systems ready to s...

Melbourne’s Burglary Boom: Break-Ins Surge Nearly 25%

Victorian homeowners are being warned to act now, as rising break-ins and falling arrest rates paint a worrying picture for suburban safety. Melbourne residents are facing an ...

Exploring the Curriculum at a Modern Junior School in Melbourne

Key Highlights The curriculum at junior schools emphasises whole-person development, catering to children’s physical, emotional, and intellectual needs. It ensures early year...

Distressed by all the bad news? Here’s how to stay informed but still look after yourself

If you’re feeling like the news is particularly bad at the moment, you’re not alone. But many of us can’t look away – and don’t want to. Engaging with news can help us make ...