Category

Launch

Published on

October 2, 2025

Share

TBCASoft and Octopus Cards (Hong Kong) Launch Scalable Cross-Border QR Payments via the HIVEX® Network

TBCASoft launched a strategic collaboration that is enabling scalable cross-border QR code payments for millions of Hong Kong travelers.

Silicon Valley, USA; October 2, 2025 — TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network, in partnership with Octopus Cards Limited, Hong Kong’s most recognized stored-value payment provider, successfully launched a strategic collaboration that is enabling scalable cross-border QR code payments for millions of Hong Kong travelers.

The HIVEX Network applies advanced cross-border clearing technology to enable sovereign, interoperable, and secure cross-border payments – ensuring FX transparency, regulatory compliance, and robust data protection across jurisdictions. This architecture eliminates the friction typically associated with fragmented mobile wallet ecosystems, offering Octopus users a familiar, trusted, and cost-effective way to pay abroad.

“This collaboration with Octopus is a defining milestone in the evolution of HIVEX as the global infrastructure layer for mobile payments,” said Ling Wu, Founder and CEO of TBCASoft. “We are not just connecting wallets and businesses. We have reshaped the future of digital finance with a multi-party framework that ensures scalability, interoperability, and sovereignty at every level. Octopus is a household name with deep consumer trust, and we are excited to extend their capabilities beyond Hong Kong through HIVEX.”

“Hong Kongers are accustomed to Octopus’ fast, safe and convenient payment experience. As we expand our international presence, we are excited to work with partners such as TBCASoft to make cross-border payments simpler and smarter for our customers,” said Tim Ying, CEO of Octopus. “Through this partnership, our customers can enjoy the same seamless payment experience abroad, backed by our partner’s extensive infrastructure and network.”

This milestone further establishes TBCASoft and the HIVEX Network as the global enabler of mobile wallet interoperability, aligning the interests of banks, e-wallets, merchants, and users under a harmonized framework. The addition of Octopus also expands HIVEX’s rapidly growing footprint in Asia, accelerating the shift toward an open, borderless mobile payments future.

Octopus Cards Limited is a pioneer in smart card and mobile payment technology in Hong Kong, offering a widely adopted stored-value platform used by millions of consumers for transport, retail, and digital services.

Media contacts:

TBCASoft, Inc.

Marketing@TBCASoft.com

Latest

 Ready to Expand Your Reach?

Join the wallets, banks, and platforms using HIVEX® to unlock seamless global acceptance, tap into new revenue, and protect user trust.

Black background with abstract blue circuit-like lines and dots forming a digital network pattern.Black background with blue and white curved lines and dots forming a circuit-like pattern around the edges.