MineSec, a global leader in secure and innovative MPoC solutions, is proud to announce its collaboration with Payment Cards Group (PCG) to power AbbyPay — a new Payfac-as-a-Service (PaaS) platform built on certified MPoC technology. Designed to accelerate SoftPOS adoption across Hong Kong’s F&B, retail, logistics, and event ecosystems, AbbyPay is now available for download on the Google Play Store.
Powered by MineSec’s MPoC technology, AbbyPay enables merchants to accept contactless payments anytime, anywhere by turning any NFC-enabled Android smartphone into a secure, compliant payment terminal. This solution not only empowers individual merchants but also provides a turnkey platform for payment facilitators (PayFacs), financial institutions, and banks to offer their own SoftPOS services.
This marks a major milestone in advancing digital payment accessibility across Hong Kong’s F&B and retail industries — helping merchants embrace a faster, more flexible, and cost-efficient way to serve customers in today’s experience-driven economy.
Revolutionizing Payments in Hong Kong’s Digital Economy
Hong Kong’s digital payment landscape continues to expand rapidly, driven by strong consumer demand for mobile and contactless payment options. AbbyPay addresses key challenges faced by F&B operators, retailers, logistics providers, and event vendors — enabling them to accept secure, real-time payments directly through smartphones.
Merchants benefit from faster checkouts, lower operating costs, and increased mobility, while consumers enjoy seamless, card-present payment experiences wherever they dine, shop, or travel.
Since its launch, AbbyPay has rapidly gained traction in Hong Kong’s vibrant event and mega-event economy, powering seamless, hardware-free payments at high-profile live experiences. Notably, AbbyPay was adopted as the exclusive e-payment solution for major concerts in January 2026, including On Chan’s "On Time" Concert 2026 and Jay Fung’s "BLUE MOON WANDERLUST" Concert 2026 at the West Kowloon Cultural District, where it enabled frictionless on-site transactions for merchandise, food, beverages, and interactive activities in partnership with participating merchants. Building on this momentum, AbbyPay was selected as the official payment partner for the “Grand Sales Bazaar 2026", supporting end-to-end e-payments across eight themed zones and over 100 merchants at AsiaWorld-Expo in January 2026.
These deployments demonstrate AbbyPay’s ability to deliver secure, real-time, contactless payment acceptance in dynamic, high-traffic environments, helping organizers, merchants, and attendees enjoy enhanced, frictionless experiences in Hong Kong’s thriving activity-driven market.
Empowering Merchants and Partners with Security and Simplicity
AbbyPay supports all major card schemes and popular digital wallets, including Visa, Mastercard, FPS, Alipay, WeChat Pay, Apple Pay, and Google Pay. Every transaction is protected by end-to-end encryption, tokenization, and dynamic key management, ensuring security standards equivalent to traditional POS terminals.
“MineSec is proud to power Payment Cards Group’s AbbyPay with our MPoC technology, enabling a new era of secure, hardware-free payment acceptance for a broader group of merchants in Hong Kong,” said Joyce Zheng, Business Development Director of MineSec. “We congratulate PCG on this milestone launch and share their vision of simplifying and modernizing digital payments for merchants and consumers alike.”
A New Partnership Model: Payfac-as-a-Service (PaaS)
AbbyPay is more than just a payment solution, it is a comprehensive Payfac-as-a-Service (PaaS) platform that invites cooperation with other payment facilitators, institutions, and banks. Building on this foundation, the PaaS offering will be extended under the name AbbyPay+, providing enhanced features and greater scalability for partners. By leveraging AbbyPay’s robust infrastructure, partners can offer a certified and secure SoftPOS solution to their own customer base without extensive development or infrastructure investment, accelerating their entry into the digital payments space.
"We are thrilled to partner with MineSec to launch AbbyPay — a platform that extends beyond a simple SoftPOS solution to a full-fledged Payfac-as-a-Service," said Christine Lo, Director of Business Development, Marketing & Branding of PCG. "By combining PCG's robust acquiring and cloud-native platform with MineSec's MPoC technology, we're delivering a secure, cost-efficient, and eco-friendly solution that helps merchants alleviate operating pressures. At the same time, we’re also opening the door to collaboration, inviting more institutions and banks to join us in launching this solution. They can focus on what they do best — building relationships with their customers and growing their business. We believe this collaborative model represents the future of payment acceptance."
Driving Innovation Across the F&B and Retail Landscape
Built on PCG’s robust cloud-native processing platform and MineSec’s certified MPoC technology, AbbyPay allows restaurants to collect payments at the table, retailers to serve customers anywhere in-store, and logistics teams to accept payments on the go — all from a single device.
The collaboration also supports Mainland F&B brands entering Hong Kong, helping them integrate quickly into the local market with secure, localized payment infrastructure. By combining PCG’s acquiring capabilities with MineSec’s mobile payment expertise, AbbyPay is redefining merchant experience, operational agility, and cost efficiency across industries.
About Payment Cards Group (PCG)
The Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Hong Kong, Singapore, and across the Asia-Pacific region. Established in 2016, PCG has become a trusted acquirer with principal memberships in all major card schemes and e-wallet networks. Through its integrated group platform, PCG provides end-to-end digital payment acceptance, cloud-native processing via RESTful APIs, and payment facilitation services that deliver comprehensive, data-driven solutions to small and medium-sized enterprises. PCG also offers SoftPOS technology that empowers individual merchants to accept contactless payments directly on mobile devices without traditional POS terminals, while enabling payment service providers to launch their own branded SoftPOS offerings through PCG's Payment Facilitator-as-a-Service (PFaaS) platform. In addition, PCG is pioneering next-generation stablecoin settlement capabilities to prepare merchants for the future of regulated digital money. As an acquiring processor, PCG operates Asia’s first cloud-based processing and settlement platform, serving as backbone infrastructure for the payment industry. Rooted in Hong Kong with a global vision, PCG is committed to empowering merchants with cutting-edge payment technology and driving high-quality development in the global payment ecosystem. Visit http://www.yedpay.com/ to learn more.