ZA Bank & Global Payments: Enhancing Digital Lending

Streamlining the credit assessment process

Through its partnership with Global Payments, ZA Bank is set to digitise and streamline the credit assessment process for business loan applications from Global Payments’ merchants in Hong Kong. 

By looking at the company’s actual business activities, the automated loan decisioning approach reflects the credit health of Global Payments’ merchants without the need to endure the hassle of tedious document submissions.

“SMEs play a vital role in supporting Hong Kong’s economic growth, yet access to funding has been a major pain point in the traditional credit scoring model which relies on collaterals and financial documentation,” explains Devon Sin, Alternate Chief Executive at ZA Bank.

“We’re pleased to join hands with Global Payments to cover this underserved segment, leveraging the power of alternative data to offer more convenient access to credit facilities with a seamless and customised banking experience of the future.

“By leveraging Global Payments’ extensive merchant network, we seek to provide timely support to the SME community and unleash their growth potential in this challenging business environment.”


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