DBS Hong Kong and KPay have announced enhancements to DBS MAX Merchant Solutions, introducing a “more-than-payment” ecosystem for Hong Kong’s SMEs.
The upgraded platform offers faster and more flexible merchant settlements, alongside tools to support SME operations.
The collaboration with KPay integrates the KConnect SaaS marketplace, providing access to services such as Point of Sale (POS) systems, Customer Relationship Management (CRM) tools, and other business applications.
DBS MAX now supports 29 online and offline payment methods and enables settlements as fast as the same working day, with flexible withdrawal options.
“The enhancement of DBS MAX Merchant Solutions marks a major milestone in our partnership with KPay, tackling key pain points for Hong Kong’s SMEs. With more merchants adopting digital payments, we are building a smarter solution that leverages DBS’ advanced digital capabilities and KPay’s extensive merchant network,”
said Jolynn Wong, Managing Director and Head of Global Transaction Services, DBS Hong Kong.
“The enhanced platform is designed to empower businesses to adapt, scale, and thrive within a fast-evolving digital economy.”
Davis Chan, Co-founder and Chief Executive Officer of KPay, added,
“Our KConnect marketplace empowers merchants to manage, operate and strategise with our 150+ SaaS partners. We are also exploring programmable money technologies to advance transaction and payment applications, helping merchants stay ahead of the curve.”
To support SMEs, DBS MAX offers joint rewards of up to HK$16,888, including waivers of account opening and service fees and monthly complimentary FPS transactions for accounts opened by 31 December.
KPay complements this with 100% transaction fee rebates and daily settlement fee waivers for eligible merchants.
Featured image credit: DBS