November 29, 2024

Cardnet – Macau Pass – Harmonization of payment systems

Cardnet (Hungary) and Macau Pass (China) signed an agreement to establish a payment platform connecting Chinese and European payment and settlement systems.

BRIDGE (Bilateral Retail Interoperability Digital Gateway Ecosystem) is a technology that serves digital payment infrastructures on a common platform, seamlessly connecting mobile payment systems in Asia with contactless payment networks in Europe. It simplifies and accelerates cross-border transactions, enables real-time currency exchange and meets the highest financial, data protection and security standards, explained János Kóka, CEO of Cardnet Group.