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Explanation of Hong Kong Money Service Provider MSO License

Financial card care question

Hong Kong MSO application conditions、Application process for money service provider、Agency for Hong Kong financial licenses. Our company specializes in handling national financial licenses.,Among them, mature ones such as Hong Kong financial license、Japanese bank、auction house、financial permission、etc.,The Hong Kong financial license is one of the more systematic licenses produced by our company.,There are currently more than a dozen cases, large and small,Business owners in need can contact Mr. Deng by phone at any time for more details.,There is currently a brand new Hong Kong money services license available for transfer,Brand new and never operated,You can check the information and do due diligence,Fast transfer time,cheap price。

For new applications and transfers, you need to find a professional and reliable agency for assistance.,Shenzhen Port Xintong Business,Choose a big brand agency。Reputation and professional double guarantee。What kind of companies need to apply for this license? one、The Hong Kong agent of WeChat Alipay has now become the Hong Kong agent of WeChat Pay or Alipay,Holding an MSO license (Hong Kong Money Service Operator License) is one of the necessary conditions。

If you have industry resources in Hong Kong,For example aviation、FOOD、hotel、Chain shopping mall、Travel agents, etc.,Then apply to become a Hong Kong agent for WeChat Alipay payment,Provide convenient payment methods for merchants in various industries,You can earn settlement commission,Develop a career。2017The annual number of mainland tourists visiting Hong Kong is 18.5 million,Per capita consumption is HKD 7,010,A total of approximately 130 billion in consumption,There is huge room for development of WeChat and Alipay。

two、Cross-border payment、Cross-border fund management platform The domestic cross-border e-commerce market is booming,Chinese companies in Europe in recent years、Open stores and sell on many e-commerce platforms in the United States and other countries,There are currently about 500,000 companies carrying out cross-border e-commerce business。

For these export e-commerce companies,When selling goods on the above-mentioned overseas e-commerce platforms, you need to solve the problem of how to transfer the money back to your company's Hong Kong or domestic bank account.,The cross-border fund management platform can solve the problem of payment collection and foreign exchange settlement for these cross-border e-commerce customers.。

with competitive rates,And faster delivery time than industry competitors,Provide cross-border e-commerce customers with European、US dollars collected by overseas sales platforms such as the United States、EUR、Service for transferring foreign currency funds such as pounds sterling back to designated accounts in Hong Kong or China。By applying for an MSO license,With the help of Hong Kong International Financial Center

Advantages

,Provide quality services to domestic cross-border e-commerce customers。

three、Foreign card acquirer Engaging in the foreign card acquirer business can gain income from the exchange difference between currencies,With a Hong Kong MSO license,It is currently one of the common thresholds for engaging in the foreign card acquiring and settlement industry.。For licensed companies,Hold an MSO license in Hong Kong,You can also use the Hong Kong International Foreign Exchange Center

Advantages

,Work with different banks or foreign exchange brokers to obtain more competitive settlement rates,Increase exchange rate gains in settlement。

Four、Collection and payment company game payment platform:Currently popular games overseas,Or a domestic agent for high-quality overseas games,All need to provide domestic and overseas players with a high-quality collective payment platform on the game interface.,Offers include Alipay、WeChat and mainstream electronic payment tools popular in Europe, America, Southeast Asia and other regions。

Player game recharge collected by the game payment platform、Income in different currencies from consumption,If the platform holds a Hong Kong MSO license,Then you can easily handle foreign exchange settlement and collection and payment processing.。

Collection and payment for overseas advertising platforms:For cross-border e-commerce or domestic customers,Provide clients with advertising resources from overseas mainstream media,And assist customers in paying foreign exchange advertising fees.,Earn agency spread、Income from exchange differences and handling fees,Supply chain finance company:Provide supply chain financial services for cross-border e-commerce platforms,Provide export seller credit to upstream and downstream enterprises in the supply chain、export buyer's credit、Buyout of medium and long-term receivables、Domestic insurance, cross-border financing and other financial services,This will involve the collection and payment of foreign exchange.。

five、Customers who hold an MSO license when opening a physical money change shop/exchange bank in Hong Kong,Can apply to open a physical money change shop/exchange bank in Hong Kong,for tourists、Individuals provide exchange and remittance services in different currencies


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

Editing of articles in this issue:

Picture of Chen Weilun

Chen Weilun

Chen Weilun, money service operator in Hong Kong (MSO) Compliance and regulatory practice areas include 12 years of experience。He served as head of the compliance department of the local payment and currency exchange licensing authority,Directly responsible for MSO license application、Anti-money laundering / Customer due diligence system (AML/KYC)、risk assessment design、Establish daily monitoring procedures and communicate with the Customs Department for review and other compliance tasks。

Areas of expertise:MSO license application、AML/KYC system、risk assessment、daily monitoring procedures、Customs Department review communication。

Previous institutions:Hong Kong MSO Payment Institution & Head of Compliance Department

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