About Us

What is APIX?

In July 2018, the Hong Kong Monetary Authority (HKMA) announced its seven initiatives for Smart Banking with Open API Framework identified as one of the key components. JETCO has taken the initiative by launching APIX in January 2019 – the first-ever open API exchange platform which connects numerous Third-party Service Providers (TSPs) to API providers – offering more than 270 API products that we have gathered across multiple industries.

Our core mission is to provide reliable connectivity for businesses across diverse industries with convenient and seamless solutions. We believe in creating value for customers by adopting industry best practices in our barrier-free API ecosystem. The superior security features we deliver mean customers can enjoy peace of mind and focus on developing product excellence.

JETCO APIX enables banks to connect with third-party service providers and exchange product and service information easily via API integrations, which will significantly reduce the time required for them to build up a business relationship. This will greatly facilitate the growth of Hong Kong’s API economy.

Mr. ANGUS CHOI,
Chief Executive Officer, JETCO

About JETCO

Joint Electronic Teller Services Limited (JETCO) was established in 1982 by five banks:

  • Bank of China (Hong Kong) Limited
  • The Bank of East Asia Limited
  • Chekiang First Bank Limited (currently OCBC Wing Hang Bank Limited)
  • Shanghai Commercial Bank Limited
  • Wing Lung Bank Limited (currently CMB Wing Lung Bank Limited)

Today, JETCO has 30 member banks in Hong Kong and Macau and supports a range of banking services to these member banks covering both regions.

JETCO currently operates more than 3,000 ATMs in Hong Kong, Macau and over 20 cities across Mainland China. In addition to ATM switching service, JETCO also provides other value-added services, including payment gateway services for e-Commerce and mobile payment solutions, to help member banks provide innovative and high-quality services to their customers.

Our FinTech Transformation

Start of the Journey

1982
1982

The launch of JETCO: ATM Switching Service

1998
1998

JET Payment

JET Payment
2003
2003

Payment Gateway

Payment Gateway
2006
2006

Data Warehouse: ATM data consolidation

Data Warehouse: ATM data consolidation
2007
2007

Macau JET Payment

Macau JET Payment
2010
2010

Carry out EMV Chip Card Specification

2015
2015

eCheque

eCheque
2016
2016

Introduce JETCO Pay P2P Service

Introduce JETCO Pay P2P Service
2018
2018

JETCO Pay enhancement with P2M services

JETCO Pay enhancement with P2M services
2019
2019

APIX: The First Open API Exchange Platform In HK

APIX Logo
2019

Vtic: SME financing platform evolving from APIX’s technology

Vtic: SME financing platform evolving from APIX’s technology
2019

APIX Phase 2: incorporating with HKMA Open API Framework Phase 2