Serving over 45,000 merchants
Making payments can be easy
Over 97% of merchants have felt distressed about paying expenses. Our Pay-Out services bring a different perspective.
Our full stack payout capabilities
Fast Payment Account
Connect to Bank
The business account for SMEs
Open your business account in as fast as 2 days—with no minimum balance, monthly fees or hidden costs. Enjoy T+1 settlements, low-cost transfers and remittance, and holistic expense management.
Explore Fast Payment Account 
End-to-end expense management
Save up to 480 hours and HKD 33,600 annually
Smart bill scanning
- Scan or upload your bills and invoices
- Skip triple-checking bank account numbers and addresses
- Process your payouts with precision
Centralised digital bill management
- Improve efficiency of payment
- Review all expenses with ease
Fast local and global transfer
- Send funds in 18 currencies to 17 countries
- Up to 90% cheaper than traditional banks
- Funds arriving as soon as the same day
- Instant or scheduled payments as needed
Data and insights for growth
- Key business insights for a business overview
- Streamline auditing and tax filing with downloadable statements and transaction records
All payments on
one platform
Tired of managing multiple payment tools? Handle everything payments, your ins and your outs in on one platform.
Payroll
Supplier bills
Daily expenses
Unparalleled security
Take charge of your financial operations with advanced security and customised permissions. Retain full control over every transaction.
User management
Device management
Customised payout approval flow
Listen to our merchants
Good Taste Kitchen
KPay’s Fast Payment Account supports T+1 express settlement. I can get the fund the next day, improving the fund flexibility by 60%.
Products used:
+60%
Settlement efficiency
+50%
Bill payment efficiency
Streamline your pay-out with Fast Payment Account
FAQ
What are the advantages of KPay's payment services?
We understand the various challenges merchants face when applying for business accounts, processing invoices, and handling payments. Therefore, our Fast Payment Account supports a fully online application process, allowing for fast account opening without the need to submit any additional documents. In addition to the immediate upgrade to T+1 settlement services*. The account offers merchants a range of features and services, including transaction management, multi-currency transfers, and financial data analysis, ensuring a seamless and efficient financial management experience.
*Applicable to merchants currently on T+2 settlement.
*Applicable to merchants currently on T+2 settlement.
Is a Fast Payment Account the same as a regular business bank account?
The currency exchange and remittance functions within the Fast Payment Account are provided by Airwallex (Hong Kong) Limited (Money Service Operator Licence: 16-09-01929).
KPay is not a bank or a stored value payment tool provider. The services for processing transactions and withdrawing funds through a Fast Payment Account differ from those of a traditional business bank account. Funds held in a Fast Payment Account do not earn any interest. Additionally, a Fast Payment Account only accepts legitimate business transaction payments collected through KPay's payment tools.
KPay is not a bank or a stored value payment tool provider. The services for processing transactions and withdrawing funds through a Fast Payment Account differ from those of a traditional business bank account. Funds held in a Fast Payment Account do not earn any interest. Additionally, a Fast Payment Account only accepts legitimate business transaction payments collected through KPay's payment tools.
How do I activate a Fast Payment Account and connect to a bank?
Any KPay merchant is eligible to apply for the Fast Payment Account and bank connection services. Merchants can fill out their business information and submit the form here, after which our business sales manager will contact you promptly to arrange the activation process.
Can I use a Fast Payment Account and Connect to Bank without a business account?
Merchants do not need to have any business accounts to use the Fast Payment Account and Connect to Bank services. However, during the account application process, merchants must still go through the Know Your Customer (KYC) procedure to be approved for the Fast Payment Account.
Is there a fee to activate a Fast Payment Account?
Currently, KPay offers merchants a limited-time account opening promotion. By paying a package fee of HKD 1,200, you can activate a Fast Payment Account and enjoy the following four promotional benefits:
1.Upgrade to T+1 settlement.
2.Enjoy monthly merchant discount rate rebate of Visa and Mastercard up to 0.1%.
3.Free 250 HKD FPS transactions. (worth HKD 1,250)
4.Enjoy HKD FPS / ACH special price
1.Upgrade to T+1 settlement.
2.Enjoy monthly merchant discount rate rebate of Visa and Mastercard up to 0.1%.
3.Free 250 HKD FPS transactions. (worth HKD 1,250)
4.Enjoy HKD FPS / ACH special price
Every payment secured
