The Group primarily operates through its indirect wholly-owned subsidiary — Macau Pass (Macau’s leading payment service provider) — to deliver contactless payment card and ancillary services, e-wallet services and acquiring services. By strengthening Macau’s payment ecosystem, the Group drives the upgrade of local digital lifestyle services while expanding cross-border payment capabilities to facilitate cross-border consumption.

mCard

The most widely used contactless smart payment card in Macau, with over 5.5 million cards issued to date, is accepted across Macau’s entire public transportation system and nearly 30,000 consumption points. It covers core consumption scenarios including transportation, retail, dining, and entertainment. 

On December 4, 2024, Macau Pass joined the China T-Union system, launching the “Macau Pass – China T-Union mCard”, which is now usable on public transport in over 300 cities across Chinese Mainland covered by the China T-Union network. Subsequently, products like the “Lingnan Pass – Macau Pass China T-Union Card” 、the “Shenzhen-Macau Intercity Card”、“Zhuhai-Macao Public Transport Card” and "Wuhan-Macau Intercity Card"have been introduced, advancing interoperability in the Greater Bay Area’s transportation sector.

In recent years, Macau Pass has continuously deepened the integration of mcards with cultural creativity, launching a series of distinctive themed cards—including NBA CHINA GAMES mCard, 3D mCard(Mahjong),Year of Horse mCard,Capybara Mini mCard—gradually building a transit card ecosystem that combines practical functionality with cultural and collectible value.

MPay e-wallet

As a one-stop digital lifestyle service platform, the MPay e-wallet currently has over 1.6 million registered users. It is not only one of the most widely used electronic payment tools among Macau residents but also a comprehensive digital lifestyle service platform supporting a wide range of scenarios including dining, transportation, tourism, entertainment, online and offline shopping, finance, routine payments (utilities and property management fees), automated parking payments, and cross-border services and payments, making it a "Super App".

Furthermore, MPay supports cross-border payment functions in nearly 60 countries and regions, with newly added support for linking Hong Kong and Macau UnionPay credit cards，providing convenience for global consumers.In August 2024, to facilitate Macau residents’ cross-border consumption, MPay introduced a Cross-Border Zone that integrates about 90 mainland mini-programs such as Amap Ride-Hailing, Meituan Takeout, and transit QR code of Guangzhou Metro.In April 2025, MPay integrated the transit QR code of Guangzhou Metro, enabling Macau residents to directly pay fares in MOP across Guangzhou Metro, buses, ferries, and Foshan Metro. MPay has also actively engaged in the dual-currency acquiring business in Hengqin, Zhuhai, allowing MPay users to use MOP for payments at merchants within the cooperation zone, thereby enjoying a seamless payment experience comparable to payment tools available in the Chinese Mainland.

Acquiring Services

The Group’s subsidiary Macau Pass is also one of the leading merchant acquirers in the local market, currently covering approximately 90% of local merchants in Macau. Macau Pass’s acquiring services support travellers from over 10 overseas countries and regions to use their home country’s e-wallets in Macau，helping local merchants in Macau to conduct business seamlessly while providing tourists with a convenient payment experience.In early 2025, Macau Pass partnered with Alipay to pioneer the introduction of "Alipay Tap" payment services at Macau Sands Resort. Subsequently, this service was rapidly expanded to cover more than 1,000 merchant stores across various industries.