MelbourneJune 18, 2026 /PRNewswire/ — UQPAY Pty Ltd, the Australian subsidiary of the UQPAY Group, is pleased to announce that it has officially registered as an Australian Financial Services (AFS) authorized representative with the Australian Securities and Investments Commission (ASIC) on April 15, 2026. This achievement marks a key milestone in UQPAY’s strategic expansion in the Australian market and once again underscores the Group’s unwavering commitment to compliance across all operational regions.
Obtaining the ASIC AFS authorized representative status enables UQPAY Australia to operate within Australia’s rigorous financial services regulatory framework. This provides corporate clients with strong confidence, ensuring their partner is a fully compliant and regulated payment service provider. This successful registration is a testament to UQPAY’s stringent internal compliance standards and its firm belief in building a trusted and transparent financial ecosystem in Australia.
With this qualification, UQPAY Australia is ready to offer a range of compliant payment services to local and international businesses operating in Australia. These include: aggregated acquiring solutions designed to streamline merchant payment collection; virtual banking solutions to help businesses seamlessly manage local Australian dollar accounts; and corporate card issuance services, supported by UQPAY Group’s status as a principal member of Visa, Mastercard, and UnionPay International. These services are further backed by UQPAY Group’s network covering over 200 countries and regions worldwide, providing clients with a truly integrated cross-border payment experience.
“This successful registration reflects our pursuit of regulatory excellence and our long-term commitment to the Australian market,” said Jack Li, CEO of UQPAY Group. “Australia is a core market in our global expansion strategy. Obtaining ASIC authorization is the cornerstone for providing trusted, compliant, and innovative payment solutions to local businesses. We look forward to supporting our clients’ growth and prosperity in one of the most dynamic economies in the Asia-Pacific region.”
Looking ahead, UQPAY Australia will continue to invest in local capacity building, deepen partnerships with financial institutions, and continuously expand its product line to meet the growing needs of Australian businesses. As part of UQPAY Group’s grand vision to build a smarter, more open, and more connected global payment era, UQPAY Australia remains committed to driving innovation, enhancing payment security and efficiency, and delivering exceptional value to its clients.