News from the Wire

Payful opts for BPC card-management-as-a-service to launch virtual corporate card

Thursday, June 18, 2026 — 17:12:36 (UTC)

Chinese cross-border payment company Payful opts for BPC Card Management as a service to launch virtual corporate charged card

Hong Kong, June 18th, 2026 - Payful, a Chinese cross-border payment company with a subsidiary in Hong Kong, has launched a cloud-native Visa charge-card programme for corporate and merchant clients on BPC’s next-generation SmartVista platform.

Now, Payful can offer corporate and merchant clients a more secure and efficient way to manage business spending through virtual Visa charge cards in the cloud. The programme gives merchants greater control and flexibility over payments, while users benefit from a smoother digital card experience with stronger protection and real-time visibility.

Payful sought to adopt modern issuing functionality that can be activated quickly, while keeping operating costs low, opting for a cloud model. Having later ambitious expansion plans in mind, Payful wanted a future-proven technology platform that supports continuous product evolution for decades ahead. BPC was the only processor able to meet those demands and offer a comfortable subscription pricing structure aligned with Payful’s growth strategy.

Payful upgraded its issuing stack leveraging next-generation cloud-ready technology. With issuing enhanced, Payful is able to launch new card programmes at speed, including six Visa charge-card products focused on purchasing, travel and corporate credit, without custom coding required, while the fraud prevention layer combines adaptive transactional scoring with 3DS 2.0 functionality for every operation.

Leveraging integration capabilities of SmartVista, Payful integrated its core banking system via CBSGate APIs, and rolled out a notification service that pushes real-time updates to merchants and its cardholders.

The introduced solutions in the cloud link each Visa card directly to funds in merchants’ separate settlement accounts at Payful, allowing companies to securely settle supplier invoices or employee travel and expense claims instantly without moving money to an external wallet.

Ben Wang, General Manager of Card Business Unit, International Division, Payful, said: “With BPC’s support, we’ve built a future-proven issuing business within a year. Merchants can now sort their settlement funds through Visa credentials, simplifying supplier payments and employee travel while keeping fraud in check. Our next goal is to replicate this model in key export markets across Oceania, Europe and the Americas.”

Nikhil Gujral, Head of Sales, APAC, BPC, added: “Payful needed a partner who would allow them to innovate at fintech speed. Our cloud-native microservices architecture allowed that and offered Payful the ability to scale the programme to new jurisdictions whenever they are ready following the Hong Kong debut.”

About BPC

BPC is a proven industry leader that is shaping the world of transactions with quick, safe and easy payment processing. With a focus on exceptional technology development and customer service, BPC helps financial institutions and businesses to deliver innovative and best-in-class proven solutions that fit with today’s consumer lifestyle when banking, shopping, or moving in both urban and rural areas. With more than 500 customers across 140 countries, BPC collaborates with all ecosystem players to deliver services for the digital world. Its core product SmartVista suite comprises cutting-edge banking, commerce, and mobility platforms that enable innovative solutions for digital banking, ATM and switching, payments processing, card, and fraud management, financial inclusion, merchant portals, transport, and smart cities. To find out more about how BPC can help businesses deliver a seamless payments processing experience to consumers, please visit www.bpcbt.com

About Payful

Payful is a global professional cross-border payment platform, which is globally deployed with leading innovative technology strength. It has many offices in Chinese Mainland, Hong Kong, the United States, Singapore, Japan, and Vietnam, etc., and its business covers more than 100 countries and regions. Payful focuses on providing customized digital cross-border payment services for global cross-border e-Commerce sellers, foreign trade enterprises, international logistics, air travel, hotels, study abroad, and other segmented market customers, including cross-border payment, foreign trade payment, service trade payment, global payment, exchange rate management, and other full-chain digital cross- border payment services. We provide secure, efficient, and low-cost comprehensive financial technology solutions for the international trade chain. To learn more about how Payful provides businesses with comprehensive cross-border payment solutions, please visit www.payful.com.

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Partnership