processes card acceptance/payment services for multiple and diversified payment cards/modes around the globe, with operations in Hong Kong, mainland China and Asia.

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Background

Oriental City Group (OCG) was established in 2001, listed in Hong Kong in 2009 with focus on card acceptance/payment services for China/UnionPay International in Thailand, and expanded to mainland China with China Smartpay Group (CSG) in 2014. OPG was separately listed at Hong Kong Stock Exchange in Oct/18.

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Current Status

OPG is one of the key pioneering partners with UnionPay International (UPI) for international markets development and card acceptance/payment services, OCG Thailand (OCGT) is the market share leader in Thailand with expansion drive internationally.

About Us


  • We are an established Merchant Acquirer in providing a suite of comprehensive payment processing services to merchants of all sizes frequently visited by Chinese tourists in Thailand.

  • Since the commencement of our business in 2004, our Group has been adopting and deploying financial technology into our merchant acquiring business model; that is, we enable our merchants in Thailand to accept various cross-border electronic payment methods, including credit cards, debit cards, QR Codes, NFC and other alternative payment technologies, adopted by shoppers via our POS terminals to acquire and route the respective payment instructions to issuing banks for authentication.

  • Upon approval, the payment transactions with the merchants would then be processed. According to the CIC Report, our Group was among the first three China UnionPay (CUP) Merchant Acquirers to provide payment processing services in Thailand and ranked first in Thailand’s CUP merchant acquiring business in terms of transaction value, having captured a market share of 24.9% in 2017.

  • We position ourselves as a bridge to link and collaborate among our partner payment network associations, our merchants and shoppers.

Key Milestones


2017
  • OCGT and a Chinese-based bank in Thailand entered into merchant acquiring services agreement;
  • OCGC Payment, a wholly-owned subsidiary of OCGT was incorporated in Cambodia, marking the expansion of our business to Cambodia;
  • OCGT and a Thailand-based bank entered into an agreement to extend our payment processing service to cover for two global leading payment network associations;

2016
  • We introduced the smart POS terminals with contactless payment function;
  • OCGT and CUP, entered into UnionPay Merchant Development and Incentive Agreement;
  • Migration of the Acquiring Host System with CUP for our merchant acquiring business in Thailand;

2013
  • OCGT and CUP, entered into member service and trademark license agreement;

2007
  • OCGT was awarded “The Best Performance – Acquiring Business in Thailand 2007” by CUP;

2004
  • OCGT, our principal operating subsidiary, was established in Thailand and commenced our merchant acquiring business in Thailand;

Press


2019
10 July - South China Morning Post
Stock Code Balloting for Charity Scheme 2018/19 (1,126 KB, PDF)

Investor Relations

Contacts



Flat A, 18/F., Genesis, 33-35 Wong Chuk Hang Road, Wong Chuk Hang, Hong Kong
Telephone: +852 3582-3088
Email: enquiry@ocg.com.hk


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24/F., TST Tower, 21 Viphavadi-Rangsit Road, Jomphol, Jatujak, Bangkok, 10900 Thailand
Telephone: +66 2-273-8320
Email: enquiry@ocgt.co.th


MAP