HONG KONG, June 22, 2026 /PRNewswire/ -- Payment Asia, a leading payment solutions provider, today announced a strategic integration with PayMe by HSBC, Hong Kong's highly popular mobile payment application. This partnership will enable all Payment Asia merchants to accept payments from PayMe's user base of over 3.3 million, significantly expanding their market reach and providing greater convenience for customers.
This integration allows Payment Asia's merchants to seamlessly process PayMe transactions through their existing merchant applications PA Pay and Smart POS Terminals. A key feature of this integration is the provision of real-time transaction data, empowering businesses with immediate insights into their sales and operational performance.
Paul Tang, Chief Operating Officer at Payment Asia, stated: "We are thrilled to partner with PayMe by HSBC, a widely adopted payment platform in Hong Kong. This integration underscores our commitment to providing innovative and comprehensive payment solutions to our merchants, not only expanding our customer base but also enhancing the overall payment experience. The real-time transaction data provided by our merchant applications and Smart POS Terminals will further equip businesses with valuable insights to make better decisions."
Lawrence Li, Head of Transaction Banking and Payments, Retail Banking and Wealth Management, Hong Kong and Head of PayMe by HSBC said: "Like any forward-looking city, Hong Kong needs a robust digital payment network to support its journey toward becoming a leading smart city. Achieving this vision requires a sizable ecosystem—on both the merchant and customer sides. Through our partnership with Payment Asia, we hope to play a key role in Hong Kong's smart city development: helping merchants reach over 3.3 million PayMe users, while connecting our PayMe community to a wider network of merchants."
Together, Payment Asia and PayMe will bring merchants broader customer reach, a smoother collection experience, and deeper operational data insights. Both parties are committed to continuously optimizing the payment process, helping merchants lower transaction barriers, improve checkout efficiency, and win over more consumers in today's competitive retail landscape. Going forward, Payment Asia will continue to join hands with quality partners to build a more comprehensive and intelligent payment ecosystem for Hong Kong merchants.
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Payment Asia Integrates with PayMe to Expand Merchant Payment Options
SYDNEY, June 22, 2026 /PRNewswire/ -- TECO Australia & New Zealand (TAC), a subsidiary of TECO Electric & Machinery Co., Ltd. (TWSE:1504), has invested in the Seaspray Solar + Battery Energy Storage System (BESS) project in Victoria, Australia, and will participate in the upcoming Tranche 2 energy portfolio. The move strengthens TECO's presence in Australia's renewable energy and power infrastructure market and reflects its transformation from an industrial equipment manufacturer into a comprehensive energy solutions provider, while bringing international engineering expertise to support Australia's energy transition.
Stuart Walker, President of TECO Australia and New Zealand, said Australia is accelerating its energy transition, with energy storage playing a key role in improving grid resilience and supporting renewable energy integration. "We are proud to contribute to Australia's energy infrastructure development. Through our participation in solar and energy storage projects, TECO aims to help create a more reliable, resilient, and sustainable energy future for local communities," he said.
The Seaspray project combines a 5.48 MWp solar farm with an 11 MWh battery energy storage system. Through a joint venture and strategic partnership with Billion Watts and Tun Green Power, TECO holds a 45% stake in the project and is expected to secure the EPC (Engineering, Procurement and Construction) contract. For the upcoming Tranche 2 portfolio, totaling 50 MW / 200 MWh, TECO also plans to supply key power infrastructure equipment, including high-efficiency transformers, ring main units (RMUs), and switchgear. The project further strengthens TECO's role as a long-term partner in Australia's evolving energy infrastructure landscape.
TECO has operated in Australia for more than 40 years, evolving from a supplier of motors, power systems, and HVAC equipment into a participant in renewable energy and power infrastructure projects. Mr. Walker noted that the Seaspray and Tranche 2 projects demonstrate TECO Australia's growing capabilities in power equipment supply, energy engineering integration, project delivery, and long-term participation in the region's clean energy sector. The investments also support TECO's broader strategy of expanding its renewable energy business across key international markets.
Looking ahead, TECO will continue to leverage its engineering expertise, advanced power technologies, and energy management capabilities to expand its renewable energy presence across Australia and Oceania. Through innovation, local partnerships, and global collaboration, TECO remains committed to supporting the energy transition and contributing to a cleaner, safer, and more resilient energy future.
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TECO Expands Renewable Energy Footprint in Australia Through Solar and Energy Storage Investments
