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.

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.

Leveraging on our technology and strong reputation as a trusted financial brand, JETCO APIX enables banks and API providers from different sectors connecting with third-party service providers to collaborate easily via API integration to enrich customer experience and grow business.

Ms. Yvonne Che ,
Chief Executive Officer, JETCO

About JETCO

Joint Electronic Teller Services Limited (JETCO) was incorporated in 1982 by five founding banks in Hong Kong, namely:

Bank of China (Hong Kong) Limited
The Bank of East Asia, Limited
OCBC Wing Hang Bank Limited (formerly known as Chekiang First Bank Limited)
Shanghai Commercial Bank Limited
CMB Wing Lung Bank Limited (formerly known as Wing Lung Bank Limited)

As a bank consortium, JETCO currently has more than 30 member banks and connects total over 3,000 ATMs in Hong Kong and Macau to provide convenient and reliable ATM services across both locations. JETCO ATM switching network also connects to multiple international ATM networks.

JETCO also offers a series of value-added services to member banks, such as payment gateway for e-Commerce, e-Cheque service and inter-bank cardless cash withdrawal service, to enable member banks to provide customers with innovative and high-quality services.

In 2018, The Hong Kong Monetary Authority designated the relevant payment systems operated by JETCO for the processing of Hong Kong retail payment transactions as a designated retail payment system [“designated RPS”] pursuant to the Payment Systems and Stored Value Facilities Ordinance [“PSSVFO”].

In 2019, JETCO launched JETCO APIX, the first open API exchange platform in Hong Kong. By riding on JETCO APIX, member banks and other institution customers can interconnect with their business partners in various industries to co-develop innovative products and services for improving service quality and customer experience.