Hong Kong Money Services MSO License：WeChat payment agent、Cross-border fund management、Foreign card collection and collection and payment

in Hong Kong，businessHong Kong Money Service Operator License：AdvantagesMust apply for a license from the Commissioner of Customs and Excise。It is illegal to operate without a license，Once convicted，Can be fined HK$100,000 and imprisoned for six months。Hong Kong Money Services License (MSO)：Service scope、Application requirements and fee detailsRefers to currency exchange services or money transfer services。in，Currency exchange service means a currency exchange service carried on as a business in Hong Kong，However, it does not include the following services incidental to the main business:：

1. Retail businesses that accept foreign currency in transactions；
2. Operated by hotel managers on hotel premises、Mainly for the convenience of check-in guests，and is limited to purchases of non-Hong Kong dollar currencies in Hong Kong dollars.。

Hong Kong Information CommunicationsMSO licenseProfessional services provided by the application include：

1. Preliminary review of company situation，And provide compliance advice on new licenses；
2. Assist in arranging qualified licensees；
3. Assist in matching compliant office space；
4. Provide compliance consulting、Professional supporting services such as accountants and lawyers；
5. supplyHong Kong MSO License：Application requirements and proceduresCurrent brand transfer resources。

MSO license applicable enterprise types

WeChat and Alipay Hong Kong Agent

Become a Hong Kong agent for WeChat Pay or Alipay，Holding an MSO license is one of the necessary conditions。If you own an airline、FOOD、hotel、Local resources for supermarket chains or travel agencies and other industries，After applying to become an agent，Provide merchants with convenient payment solutions and earn settlement commissions。2017Mainland visitors to Hong Kong reach 18.5 million annually，Per capita consumption is HKD 7,010，Total consumption is approximately HK$130 billion，Significant market space。

Cross-border payment and fund management platform

With the booming development of domestic cross-border e-commerce，About 500,000 businesses are on Amazon、eBay、Wish、Shopee and other overseas platforms conduct business。The platform needs to solve the problem of transferring sales proceeds back to Hong Kong or domestic bank accounts。Cross-border fund management platform can take advantage of Hong Kong’s financial center，Processing U.S. dollars for cross-border e-commerce customers、EUR、Collection and settlement of foreign currency payments such as pounds sterling，And provide more competitive rates and delivery time than industry rivals。Related companies such as WorldFirst、PayPal、PingPong, etc. all fall into this category。

Wild Card Acquirer

Engaged in foreign card acquiring business, you can obtain income through currency exchange differences.，Holding a Hong Kong MSO license is one of the barriers to entry into the industry.。Licensed companies can take advantage of the Hong Kong Foreign Exchange Center，Work with different banks or brokers to obtain more competitive settlement rates，thereby increasing exchange rate gains。

Collection and payment company

The application scenarios of collection and payment services mainly include：

1. Game payment platform：When the game goes overseas or introduces high-quality overseas games，PayPal needs to be integrated for players in the game interface、Apple Pay、Alipay、WeChat and overseas mainstream electronic payment tools。The platform holds an MSO license，Can handle different currency settlements and collections and payments caused by player recharge and consumption in compliance with regulations。
2. Overseas advertising platform collection and payment：For cross-border e-commerce or domestic customers，Provide overseas mainstream media advertising resources，And assist customers in paying foreign exchange advertising fees.，Earn agency spread、Income from exchange differences and handling fees。
3. Supply chain finance company：Provide export seller credit for cross-border e-commerce platforms、export buyer's credit、Buyout of medium and long-term receivables、Domestic insurance, cross-border financing and other supply chain financial services，Which involves the collection and payment of foreign exchange funds。

Physical exchange shop

Customers holding MSO license，You can apply to open a physical money change shop or exchange bank in Hong Kong，Provide exchange and remittance services in different currencies for tourists and individuals。

About Hong Kong Xintong

GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。