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Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration

Business

Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration
Business

Business

Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration

2026-08-19 15:56 Last Updated At:16:25

Strategic acquisition, integration and Canadian MSB licence strengthen Payment Asia Group's North American presence and cross-border payment capabilities

HONG KONG, Aug. 19, 2026 /PRNewswire/ -- Payment Asia Group, a diversified fintech holding company headquartered in Hong Kong, today announced that its Canadian business, AlphaPay, has completed the strategic acquisition and integration of Motion Pay, a Canada-based payment service provider. Payment Asia Group also recently obtained a Canadian Money Services Business (MSB) licence, further strengthening the Group's compliance foundation as it expands its payment services and cross-border capabilities in Canada and North America.

The acquisition and integration further reinforce AlphaPay's position in the Canadian payment market and mark an important milestone in Payment Asia Group's global expansion strategy. By combining Motion Pay's established merchant network, operational expertise and mature market resources with AlphaPay's platform, the Group is better positioned to provide enhanced support to merchants across key sectors in Canada.

The recently obtained Canadian MSB licence adds to the Group's regulatory and compliance capabilities in the Canadian market. Together with the integration of Motion Pay, this development supports Payment Asia Group's strategy of building a secure, compliant and scalable payment ecosystem for merchants serving both local and international customers.

As the global payment landscape continues to evolve, merchants face growing demands for security, compliance and scalability. AlphaPay remains committed to providing a unified access platform covering major global payment methods, including international digital wallets such as WeChat Pay, Alipay and UnionPay, as well as local payment systems including Visa, Mastercard, Interac and Apple Pay. The combined business will further enhance AlphaPay's merchant-service capabilities, platform functionality and payment infrastructure, supporting local transactions and cross-border business scenarios.

The transaction also reflects the ongoing evolution of Canada's payment services industry, where merchants increasingly seek integrated platforms that combine compliance, operational efficiency and flexibility in accepting payments from diverse customer segments. Following the acquisition, AlphaPay will continue to invest in technology development, compliance infrastructure and merchant support, reinforcing the foundation for sustained expansion across Canada and North America.

Kenneth Lai, Founder and Chairman of Payment Asia Group, commented: "AlphaPay's completion of the Motion Pay acquisition and integration, together with Payment Asia Group's recent Canadian MSB licence, represents an important step in our North American growth journey. These milestones align with our vision of building a connected, compliant cross-border payment ecosystem that empowers merchants to thrive in an increasingly globalised marketplace."

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration

Payment Asia Group Secures Canadian MSB Licence, Group's AlphaPay Completes Motion Pay Integration

QINGDAO, China, Sept. 15, 2026 /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, is expanding its home entertainment portfolio with the new C3 projector family, designed to bring cinema-sized entertainment into everyday life. Showcased at IFA 2026, the C3 Ultra and C3 Ultra Max are launching across global markets this September, with the C3 Pro set to follow.

From movie nights and live sports to gaming with friends, the C3 family is designed around the moments people want to make bigger. With projection sizes of up to 300 inches, powerful brightness and immersive sound, it transforms living rooms, bedrooms and other spaces into flexible entertainment destinations, giving users more freedom to enjoy the big-screen experience at home.

The C3 Ultra delivers 4,000 ANSI lumens and a 5,000:1 contrast ratio with an IRIS Lens, combining vivid visuals with gaming-enhanced performance. Its Devialet-tuned audio system, featuring co-engineered hardware and a built-in subwoofer, delivers deep bass and immersive surround sound for a more engaging entertainment experience.

For users seeking greater visual power and responsiveness, the C3 Ultra Max delivers 5,000 ANSI lumens, 5,000:1 contrast with an IRIS Lens and 1ms ultra-low latency, supporting dynamic entertainment across movies, sports and gaming. Enhanced by Devialet audio, it completes the experience with rich, immersive sound that matches its high-performance visuals.

The C3 Pro brings the C3 experience to more users with 3,000 ANSI lumens, 5,000:1 contrast with an IRIS Lens and Devialet-tuned audio with a built-in subwoofer, offering a compelling balance of performance and value.

Together, the C3 Ultra, C3 Ultra Max and C3 Pro further enrich the C3 family, offering consumers a broader range of choices to suit different entertainment needs and spaces. Earlier this year, the C3 has undergone Life Cycle Assessment (LCA) and product carbon footprint (PCF) verification by SGS, supporting transparent evaluation of environmental impact across the product lifecycle and reflecting Hisense's commitment to transparent product-level environmental assessment.

With the C3 family, Hisense continues to bring more immersive entertainment into everyday spaces, making it easier for people to turn ordinary moments at home into experiences worth sharing.

About Hisense
Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 180 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2026H1). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Hisense Unveils New C3 Projector Family for Immersive Home Entertainment

Hisense Unveils New C3 Projector Family for Immersive Home Entertainment

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