Element Payment Solutions Company Limited (EPS)

Established in 1984 and launched in 1985, EPS (Easy Payment System) is an electronic funds transfer system created by a consortium of 20 major banks in Hong Kong. The company provides merchants and consumers with a secure, convenient, and cost-effective payment solution at point-of-sale terminals, online, over the phone, and for bill payments. It functions as a debit card system, allowing customers to pay for goods and services directly from their bank accounts.